Director/PDMR Shareholding

RNS Number : 9253F
InterContinental Hotels Group PLC
30 May 2013
 



 

30 May 2013

 

INTERCONTINENTAL HOTELS GROUP PLC (the "Company")

 

Notification of transactions of directors, persons discharging

managerial responsibility ("PDMR") and connected persons

 

On 29 May 2013, Keith Barr, Chief Commercial Officer, was awarded conditional rights over the Company's ordinary shares under the Long Term Incentive Plan ("LTIP"). Under the terms of the LTIP, the maximum numbers of shares that can be transferred to Mr Barr if all performance conditions are met in full are as follows: 

 

Performance Period                                            Number of Shares          

2012 to 2014                                                                 2,908

2013 to 2015                                                                 4,653

 

The performance measurement periods are from 1 January 2012 to 31 December 2014 and

1 January 2013 to 31 December 2015. The awards will vest on the business day after the announcement of the Company's 2014 and 2015 year end financial results respectively.

 

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For further information please contact:

Investor Relations (Catherine Dolton; Isabel Green): +44 (0)1895 512176

Media Relations (Yasmin Diamond; Zoe Bird): +44 (0)1895 512008          +44 (0)7736 746167

Notes to Editors:

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty programme with over 73 million members worldwide. The programme will be renamed and relaunched as IHG® Rewards Club in July 2013, offering enhanced benefits for members.

 

IHG franchises, leases, manages or owns over 4,600 hotels and more than 674,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate 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.


Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media,www.twitter.com/ihgwww.facebook.com/ihg or www.youtube.com/ihgplc.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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