InterContinental Hotels Group PLC Director/PDMR Shareholding (3612X)

TIDMIHG

RNS Number : 3612X

InterContinental Hotels Group PLC

23 November 2017

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                       Jolyon Warren Lewis Bulley 
---  -------------------------  ------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status            Chief Executive, Greater 
                                  China 
---  -------------------------  ------------------------------------- 
 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                        2138007ZFQYRUSLU3J98 
---  -------------------------  ------------------------------------- 
 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               Ordinary Shares 
       instrument, type 
       of instrument               GB00BD8QVH41 
 
       Identification 
       code 
---  -------------------------  ------------------------------------- 
 b)   Nature of the              Grant of Awards under the 
       transaction                Long Term Incentive Plan 
                                  (LTIP) 
---  -------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)     LTIP Awards: 
                                  Conditional rights over a 
                                  total of 6,673 free shares 
                                  and comprising: 
 
                                  2015/2017 LTIP 
                                  The maximum number of shares 
                                  that can be transferred if 
                                  performance conditions are 
                                  met in full: 314 shares. 
 
                                  The number of shares were 
                                  calculated by reference to 
                                  a price of GBP43.35, being 
                                  the MMQ of the Company's 
                                  share price at the close 
                                  of business on the day preceding 
                                  the date of grant. 
 
                                  The awards will vest on the 
                                  business day after the announcement 
                                  of the Company's 31 December 
                                  2017 year end financial results, 
                                  subject to the satisfaction 
                                  of performance conditions. 
 
                                  2016/2018 LTIP 
                                  The maximum number of shares 
                                  that can be transferred if 
                                  performance conditions are 
                                  met in full: 2,203 shares. 
 
                                  The number of shares were 
                                  calculated by reference to 
                                  a price of GBP43.35, being 
                                  the MMQ of the Company's 
                                  share price at the close 
                                  of business on the day preceding 
                                  the date of grant. 
 
                                  The awards will vest on the 
                                  business day after the announcement 
                                  of the Company's 31 December 
                                  2018 year end financial results, 
                                  subject to the satisfaction 
                                  of performance conditions. 
 
                                  2017/2019 LTIP 
                                  The maximum number of shares 
                                  that can be transferred if 
                                  performance conditions are 
                                  met in full: 4,156 shares. 
 
                                  The number of shares were 
                                  calculated by reference to 
                                  a price of GBP42.77, being 
                                  the MMQ of the Company's 
                                  share price for the 5 dealing 
                                  days preceding the date of 
                                  grant. 
 
                                  The awards will vest on the 
                                  business day after the announcement 
                                  of the Company's 31 December 
                                  2019 year end financial results, 
                                  subject to the satisfaction 
                                  of performance conditions. 
---  -------------------------  ------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         As noted in 4c above 
       - Price                     As noted in 4c above 
---  -------------------------  ------------------------------------- 
 e)   Date of the transaction    2017-11-22 
---  -------------------------  ------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 23, 2017 06:14 ET (11:14 GMT)