InterContinental Hotels Group PLC Director/PDMR Shareholding (9221R)

TIDMIHG

RNS Number : 9221R

InterContinental Hotels Group PLC

05 March 2019

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Nicolette Henfrey 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Executive Vice President, General 
                                   Counsel and Company Secretary 
     --------------------------  --------------------------------------------- 
 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 instrument, 
       type of instrument           Ordinary Shares 
 
       Identification code          GB00BHJYC057 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of share awards under InterContinental 
                                   Hotels Group PLC's Long Term Incentive 
                                   Plans (LTIP) 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      LTIP Awards: 
 
                                   Conditional rights over a total of 
                                   2,298 free shares and comprising: 
 
                                   2017/19 LTIP 
                                   The maximum number of shares that 
                                   can be transferred if performance 
                                   conditions are met in full: 743 shares. 
 
                                   The number of shares were calculated 
                                   by reference to a price of GBP46.00, 
                                   being the MMQ of the Company's share 
                                   price for the 5 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. 
 
                                   2018/20 LTIP 
                                   The maximum number of shares that 
                                   can be transferred if performance 
                                   conditions are met in full: 1,555 
                                   shares. 
 
                                   The number of shares were calculated 
                                   by reference to a price of GBP46.00, 
                                   being the MMQ of the Company's share 
                                   price for the 5 days preceding the 
                                   date of grant. 
 
                                   The awards will vest on the business 
                                   day after the announcement of the 
                                   Company's 31 December 2020 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     2019-03-01 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------------- 
 

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March 05, 2019 10:15 ET (15:15 GMT)