RNS Number : 3612X
InterContinental Hotels Group PLC
23 November 2017
 

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jolyon Warren Lewis Bulley

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive, 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

 

GB00BD8QVH41

b)

 

Nature of the transaction

 

 

Grant of Awards under the Long Term Incentive Plan (LTIP)

c)

 

Price(s) and volume(s)

 

 

LTIP Awards:

Conditional rights over a total of 6,673 free shares and comprising:

 

2015/2017 LTIP

The maximum number of shares that can be transferred if performance conditions are met in full: 314 shares.

 

The number of shares were calculated by reference to a price of GBP43.35, being the MMQ of the Company's share price at the close of business on the day preceding the date of grant.

 

The awards will vest on the business day after the announcement of the Company's 31 December 2017 year end financial results, subject to the satisfaction of performance conditions.

 

2016/2018 LTIP

The maximum number of shares that can be transferred if performance conditions are met in full: 2,203 shares.

 

The number of shares were calculated by reference to a price of GBP43.35, being the MMQ of the Company's share price at the close of business on the day preceding the date of grant.

 

The awards will vest on the business day after the announcement of the Company's 31 December 2018 year end financial results, subject to the satisfaction of performance conditions.

 

2017/2019 LTIP

The maximum number of shares that can be transferred if performance conditions are met in full: 4,156 shares.

 

The number of shares were calculated by reference to a price of GBP42.77, being the MMQ of the Company's share price for the 5 dealing 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.

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

As noted in 4c above

As noted in 4c above

 

e)

 

Date of the transaction

 

2017-11-22

f)

 

Place of the transaction

 

Outside a trading venue

 


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