Director/PDMR Shareholding

RNS Number : 6508N
InterContinental Hotels Group PLC
10 August 2017
 

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Keith Barr

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer (CEO)

b)

 

Initial notification /Amendment

 

Initial

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

 

Identification code

 

 

 

Ordinary Shares

 

GB00BD8QVH41

b)

 

Nature of the transaction

 

 

Grant of share awards under InterContinental Hotels Group PLC 2017/2019 Long Term Incentive Plan following appointment as CEO.

 

c)

 

Price(s) and volume(s)

 

 

Conditional rights over a total of 12,481 free shares; the number of shares calculated by reference to a price of GBP43.14, 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 conditions.

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

As noted in 4c above

As noted in 4c above

 

e)

 

Date of the transaction

 

2017-08-09

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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