InterContinental Hotels Group PLC
14 March 2005
14 March 2005
InterContinental Hotels Group PLC
Directors' Interests in Shares
In respect of the conditional rights over InterContinental Hotels Group PLC ("
Company") ordinary shares awarded to a number of directors on 18 June 2003 under
the Company's Performance Restricted Share Plan ("PRSP"), the following numbers
of shares were transferred from the Company's Employee Share Ownership Trust ("
ESOT") on 11 March 2005:
Director Number of shares transferred
Mr R M Hartman 50,368
Mr R L Solomons 38,978
The awards are based on performance to 31 December 2004 and relate to the
Company's total shareholder return against a group of 11 other comparator
companies. The Company finished in fourth place and, accordingly, 60% of the
maximum potential award vested on 11 March 2005, in accordance with the rules of
the Plan. The share numbers shown above are net of income tax liabilities. Mr
S D Porter's entitlement to 46,127 shares under the PRSP was settled in cash.
Following the release of the above shares, the Employee Share Ownership Trust
will hold 2,261,793 IHG shares. The following directors, who are among the
potential beneficiaries of the ESOT- Mr A P Cosslett, Mr R M Hartman, Mr S D
Porter and Mr R L Solomons - are technically deemed to be interested in those
shares.
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Name of Contact for this RNS Announcement:
Catherine Engmann Tel: 01753 410 243
Company Secretariat
InterContinental Hotels Group PLC
This information is provided by RNS
The company news service from the London Stock Exchange
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