Director/PDMR Shareholding

RNS Number : 7016E

InterContinental Hotels Group PLC

11 April 2011

 



11 April 2011

INTERCONTINENTAL HOTELS GROUP PLC (the "Company")

Notification of transactions of directors, persons discharging

managerial responsibility ("PDMR") and connected persons

On 8 April 2011 the following directors and other PDMRs were awarded conditional rights over the numbers of the Company's ordinary shares shown below, under the Company's Long Term Incentive Plan ("LTIP") 2011-2013.  The performance measurement period is from 1 January 2011 to 31 December 2013 and the awards will vest on the business day after the announcement of the Company's 31 December 2013 year end financial results. Under the terms of the LTIP 2011-2013, the maximum number of shares that can be transferred if performance conditions are met in full are as follows:

	Number of
	shares awarded
Director
Andrew Cosslett	137,438
Richard Solomons	87,234
Jim Abrahamson	72,872
Kirk Kinsell	72,872
Other PDMRs
Keith Barr	38,827
Tom Conophy	56,458
Tracy Robbins	55,248
Tom Seddon	51,218
Jan Smits	42,186
George Turner	40,709

In addition, also on 8 April 2011, the following PDMRs have been granted conditional rights over the Company's ordinary shares under the LTIP for the performance cycles 1 January 2009 to 31 December 2011 and 1 January 2010 to 31 December 2012, as follows:

	2009-2011	2010-2012
Keith Barr	1,941	4,529
Jan Smits	2,109	4,921

The awards will vest on the business day after the announcement of the Company's 31 December 2011 and 31 December 2012 year end financial results, as appropriate.

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For further information please contact:

Investor Relations (Heather Wood, Catherine Dolton)                [phone]

Media Relations (Leslie McGibbon, Kari Kerr)                              [phone]

Notes to editors

InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. IHG franchises, leases, manages or owns, through various subsidiaries, over 4,400 hotels and more than 640,000 guest rooms in 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® and also manages the world's largest hotel loyalty programme, Priority Club® Rewards with 56 million members worldwide.

IHG has almost 1,300 hotels in its development pipeline, which is expected to create 160,000 jobs worldwide over the next few years.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

IHG offers information and online reservations for all its hotel brands at www.ihg.com and information for the Priority Club Rewards programme at www.priorityclub.com. For our latest news visit www.ihg.com/media, Twitter www.twitter.com/ihgplc or YouTube www.youtube.com/ihgplc.

 

END

 

 

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