RNS Number : 9221R
InterContinental Hotels Group PLC
05 March 2019
 

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

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 InterContinental Hotels Group PLC's Long Term Incentive Plans (LTIP)

 

c)

 

Price(s) and volume(s)

 

 

LTIP Awards:

 

Conditional rights over a total of 2,298 free shares and comprising:

 

2017/19 LTIP

The maximum number of shares that can be transferred if performance conditions are met in full:  743 shares.

 

The number of shares were calculated by reference to a price of GBP46.00, 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 performance conditions.

 

2018/20 LTIP

The maximum number of shares that can be transferred if performance conditions are met in full:  1,555 shares.

 

The number of shares were calculated by reference to a price of GBP46.00, 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 2020 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

 

2019-03-01

f)

 

Place of the transaction

 

Outside a trading venue

 


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