Director/PDMR Shareholding

RNS Number : 6453F
InterContinental Hotels Group PLC
23 February 2015
 



23 February 2015

 

 

INTERCONTINENTAL HOTELS GROUP PLC (the "Company")

 

Notification of transactions by directors, persons discharging managerial responsibility ("PDMRs") or connected persons

 

 

1.   On 23 February 2015, the Company was notified that, on 23 February 2015, the following directors and other PDMRs were awarded rights over the numbers of ordinary shares of 15 265/329 pence in the Company ("Ordinary Shares") for no consideration under the Company's Annual Performance Plan in respect of the 2014 financial year as shown below:

 

Directors

No. of Ordinary Shares

Paul Edgecliffe-Johnson

12,105

Tracy Robbins

12,595

Richard Solomons

22,049



Other PDMRs


Keith Barr

9,918

Angela Brav

8,666

Kenneth Macpherson

4,223

Eric Pearson

9,276

Jan Smits

8,041

George Turner

8,050

 

                                                      

The awards are conditional and a participant's award may be forfeited if he/she ceases employment with the Group before 23 February 2018.

 

2.   On 23 February 2015, the Company was notified that, in respect of the conditional rights over Ordinary Shares awarded to a number of participants in the Company's Annual Bonus Plan in respect of the 2011 financial year, the following numbers of deferred Ordinary Shares (net of income tax and social security liabilities) were, on 20 February 2015, transferred for no consideration from the Company's Employee Share Ownership Trust to the following directors and other PDMRs:

 

Directors

No. of Ordinary Shares

Paul Edgecliffe-Johnson

2,723

Tracy Robbins

10,441

Richard Solomons

16,805



Other PDMRs


Keith Barr

5,408

Angela Brav

4,017

Eric Pearson

2,885

Jan Smits

11,336

George Turner

6,830

 

 

 

3.   On 23 February 2015, the Company was notified that, on 23 February 2015, Elie Maalouf, a Person Discharging Managerial Responsibilities, was awarded:

 

i.    conditional rights over 11,411 Ordinary Shares under the Company's Long Term Incentive Plan ("LTIP") 2013/2015, this being the maximum number of shares that can be transferred if performance conditions are met in full. The performance measurement period is from 1 January 2013 to 31 December 2015 and the award will vest on the business day after the announcement of the Company's 31 December 2015 year-end financial results.

ii.   conditional rights over 28,529 Ordinary Shares under the Company's LTIP 2014/2016, this being the maximum number of shares that can be transferred if performance conditions are met in full. The performance measurement period is from 1 January 2014 to 31 December 2016 and the award will vest on the business day after the announcement of the Company's 31 December 2016 year-end financial results.

 

 

---------------Ends--------------

 

 

For further information, please contact:

Corporate Legal & Secretariat (Nicolette Henfrey):    +44 (0)1895 512 000 

 

Notes to Editors:

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. In January 2015, IHG acquired Kimpton Hotels & Restaurants, the world's leading boutique hotel business.

IHG manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with over 84 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet across all hotels, globally.

IHG franchises, leases, manages or owns over 4,800 hotels and more than 710,000 guest rooms in nearly 100 countries, with over 1,200 hotels in its development pipeline. Over 350,000 people work across IHG's hotels and corporate offices worldwide.

In January 2015 we completed the acquisition of Kimpton Hotels & Restaurants, adding 62 hotels (11,300 rooms) to our system size and 16 hotels to our development pipeline.

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.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media, www.twitter.com/ihg, www.facebook.com/ihg or www.youtube.com/ihgplc.

 


This information is provided by RNS
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