Director/PDMR Shareholding

InterContinental Hotels Group PLC

14 May 2024

 

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

InterContinental Hotels Group PLC (the "Company") announces that, on 13 May 2024, awards in respect of the following number of shares were granted under the Company's Deferred Award Plan for the 2024-2026 cycle:

Name of PDMR	Number of shares
Elie Maalouf	63,137
Michael Glover	24,673
Daniel Aylmer	7,715
Heather Balsley	12,995
Jolyon Bulley	22,242
Yasmin Diamond	10,578
Jolie Fleming	8,814
Nicolette Henfrey	12,626
Wayne Hoare	14,148
Kenneth Macpherson	13,797

The transaction notification for each PDMR can be found below. This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elie Maalouf
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 63,137 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, subject to the satisfaction of conditions. A further post-vest holding period of two years also applies to this award.
d)	Aggregated information - Aggregated volume - Price	As noted in 4c above As noted in 4c above
e)	Date of the transaction	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Glover
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 24,673 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, subject to the satisfaction of conditions. A further post-vest holding period of two years also applies to this award.
d)	Aggregated information - Aggregated volume - Price	As noted in 4c above As noted in 4c above
e)	Date of the transaction	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Aylmer
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Greater China
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 7,715 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Heather Balsley
2	Reason for the notification
a)	Position/status	Chief Commercial & Marketing Officer
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 12,995 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jolyon Bulley
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Americas
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 22,242 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Yasmin Diamond
2	Reason for the notification
a)	Position/status	Executive Vice President, Global Corporate Affairs
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 10,578 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jolie Fleming
2	Reason for the notification
a)	Position/status	Chief Product & Technology Officer
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 8,814 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

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 /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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 12,626 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Wayne Hoare
2	Reason for the notification
a)	Position/status	Chief Human Resources Officer
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 14,148 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kenneth Macpherson
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Europe, Middle East, Asia and Africa
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 GB00BHJYC057
b)	Nature of the transaction	Grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 13,797 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2026, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

The Company further announces that, on 13 May 2024, awards in respect of the following number of shares were additionally granted under the Company's Deferred Award Plan for the 2022-2024 award cycle:

Name of PDMR	Number of shares
Elie Maalouf	19,629
Michael Glover	12,678
Daniel Aylmer	1,084
Jolyon Bulley	4,929
Jolie Fleming	499

In addition, the Company announces that, on 13 May 2024, awards in respect of the following number of shares were granted under the Company's Deferred Award Plan for the 2023-2025 cycle:

Name of PDMR	Number of shares
Daniel Aylmer	2,380
Jolie Fleming	1,330

The transaction notification for each PDMR can be found below. This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elie Maalouf
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 GB00BHJYC057
b)	Nature of the transaction	Pro-rata grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2022-2024 cycle.
c)	Price(s) and volume(s)	Conditional rights over a total of 19,629 free shares; the number of shares calculated by reference to a price of GBP 56.74, being the MMQ of the Company's share price for the 5 business days preceding the date of grant of the equivalent pro-rata award granted on 8 August 2023. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2024, subject to the satisfaction of conditions.  A further post-vest holding period of two years also applies to this award.
d)	Aggregated information - Aggregated volume - Price	As noted in 4c above As noted in 4c above
e)	Date of the transaction	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Glover
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 GB00BHJYC057
b)	Nature of the transaction	Pro-rata grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2022-2024 cycle.
c)	Price(s) and volume(s)	Conditional rights over a total of 12,678 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant of the equivalent pro-rata award granted on 10 May 2023. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2024, subject to the satisfaction of conditions.  A further post-vest holding period of two years also applies to this award.
d)	Aggregated information - Aggregated volume - Price	As noted in 4c above As noted in 4c above
e)	Date of the transaction	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Aylmer
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Greater China
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 GB00BHJYC057
b)	Nature of the transaction	Pro-rata grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2022-2024 cycle and 2023-2025 cycle
c)	Price(s) and volume(s)	2022-2024 DAP Award: Conditional rights over a total of 1,084 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2024, subject to the satisfaction of conditions. 2023-2025 DAP Award Conditional rights over a total of 2,380 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2025, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jolyon Bulley
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Americas
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 GB00BHJYC057
b)	Nature of the transaction	Pro-rata grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2022-2024 cycle
c)	Price(s) and volume(s)	Conditional rights over a total of 4,929 free shares; the number of shares calculated by reference to a price of GBP 56.74, being the MMQ of the Company's share price for the 5 business days preceding the date of grant of the equivalent pro-rata award granted on 8 August 2023. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2024, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jolie Fleming
2	Reason for the notification
a)	Position/status	Chief Product & Technology Officer
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 GB00BHJYC057
b)	Nature of the transaction	Pro-rata grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2022-2024 cycle and 2023-2025 cycle
c)	Price(s) and volume(s)	2022-2024 DAP Award: Conditional rights over a total of 499 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2024, subject to the satisfaction of conditions. 2023-2025 DAP Award Conditional rights over a total of 1,330 free shares; the number of shares calculated by reference to a price of GBP 78.40, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2025, 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	2024-05-13
f)	Place of the transaction	Outside a trading venue

 

END