RNS Number : 3610X
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

 

Claire Bennett

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief 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

 

GB00BD8QVH41

b)

 

Nature of the transaction

 

 

Grant of Awards under InterContinental Hotels Group PLC Annual Performance Plan (APP) and 2017/2019 Long Term Incentive Plan (LTIP) following appointment as Chief Marketing Officer

c)

 

Price(s) and volume(s)

 

 

APP Award:

Condititional rights over a total of 13,105 free shares; the number of shares calculated by reference to a price of GBP42.47, being the MMQ of the Company's share price for the 3 dealing days preceding the date of grant.

 

The award will vest on 22 February 2019.

 

The award is conditional and may be forfeited if Claire Bennett ceases employment with the Group before the vesting date.

 

LTIP Awards:

Conditional rights over a total of 13,019 free shares; the number of shares 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 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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