InterContinental Hotels Group PLC Director/PDMR Shareholding (1262G)

TIDMIHG

RNS Number : 1262G

InterContinental Hotels Group PLC

24 May 2017

InterContinental Hotels Group PLC

Notification of Transaction by Director, Person Discharging Managerial Responsibilities or Person Closely Associated

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------ 
 a)   Name                        Elie Maalouf 
---  -------------------------  --------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position/status            Chief Executive Officer, 
                                  The Americas 
---  -------------------------  --------------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
---  -------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                       InterContinental Hotels Group 
                                  PLC 
---  -------------------------  --------------------------------------- 
 b)   LEI 
---  -------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ------------------------------------------------------------------ 
 a)   Description of 
       the financial 
       instrument, type            Ordinary Shares 
       of instrument 
                                   GB00BD8QVH41 
       Identification 
       code 
---  -------------------------  --------------------------------------- 
 b)   Nature of the              Grant of Awards under InterContinental 
       transaction                Hotels Group PLC Annual Performance 
                                  Plan (APP) 
---  -------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)     Condititional rights over 
                                  a total of 27,129 free shares; 
                                  the number of shares calculated 
                                  by reference to a price of 
                                  GBP42.52, being the MMQ of 
                                  the Company's share price 
                                  at the close of business 
                                  on the 3 dealing days preceding 
                                  the date of grant. 
 
                                  The award is conditional 
                                  and will vest in 3 equal 
                                  tranches on 22 May 2018, 
                                  22 May 2019 and 22 May 2020. 
                                  The award is subject to Elie 
                                  Maalouf remaining in continuous 
                                  employment with the Group 
                                  until the vesting dates. 
---  -------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume         As noted in 4c above 
       - Price                     As noted in 4c above 
---  -------------------------  --------------------------------------- 
 e)   Date of the transaction    2017-05-22 
---  -------------------------  --------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
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This information is provided by RNS

The company news service from the London Stock Exchange

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May 24, 2017 09:01 ET (13:01 GMT)