RNS Number : 1262G
InterContinental Hotels Group PLC
24 May 2017

InterContinental Hotels Group PLC

Notification of Transaction by Director, Person Discharging Managerial Responsibilities or Person Closely Associated

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, The 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


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 InterContinental Hotels Group PLC Annual Performance Plan (APP)

c)

Price(s) and volume(s)

Condititional rights over a total of 27,129 free shares; the number of shares calculated by reference to a price of 42.52, being the MMQ of the Company's share price at the close of business on the 3 dealing days preceding the date of grant.

The award is conditional and will vest in 3 equal tranches on 22 May 2018, 22 May 2019 and 22 May 2020. The award is subject to Elie Maalouf remaining in continuous employment with the Group until the vesting dates.

d)

Aggregated information

- Aggregated volume

- Price

As noted in 4c above

As noted in 4c above

e)

Date of the transaction

2017-05-22

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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