InterContinental Hotels Group PLC Sterling Equivalents - Final & Special Dividends (8908E)
May 11 2017 - 6:04AM
UK Regulatory
TIDMIHG
RNS Number : 8908E
InterContinental Hotels Group PLC
11 May 2017
11 May 2017
InterContinental Hotels Group PLC ("IHG")
Final and Special Dividends - Pounds Sterling Amounts
Payable
On 21 February 2017, the Board of IHG announced a Final Dividend
of 64.0 cents per Existing Ordinary Share and its intention to
return US$400 million to Shareholders via a Special Dividend,
representing US$2.025 per Existing Ordinary Share. The Final and
Special Dividends will be paid on 22 May 2017 to Shareholders on
the Register at 6.00pm (London time) on 5 May 2017 in Pounds
Sterling and to ADR holders on the ADR register at 4.00pm (New York
time) on 5 May 2017 in US dollars.
The Pounds Sterling amounts payable in respect of the Final and
Special Dividends have been determined with reference to the
average of the market exchange rates on the three days commencing 8
May 2017, using the WM/Reuters closing midpoint spot rate as at
4:00pm (London time), resulting in an applicable exchange rate of
GBP0.7724:US$1.
Accordingly, the Pounds Sterling amount payable to Shareholders
in relation to the Final Dividend will be 49.4 pence per Existing
Ordinary Share and the Pounds Sterling amount payable to
Shareholders in relation to the Special Dividend will be 156.4
pence per Existing Ordinary Share.
Unless otherwise defined herein, terms used in this announcement
shall have the meaning given to them in the Circular to
Shareholders dated 4 April 2017.
For further information
Investor Relations (Heather
Wood, Neeral Morzaria, +44 (0)1895 +44 (0)7808
Tom Yates): 512176 098724
============================ =========== ===========
Media Relations (Yasmin +44 (0)1895 +44 (0)7736
Diamond, Jovana Lakcevic): 512008 746627
Notes for editors
IHG(R) (InterContinental Hotels Group) [LON:IHG, NYSE:IHG
(ADRs)] is a global organisation with a broad portfolio of hotel
brands, including InterContinental(R) Hotels & Resorts,
Kimpton(R) Hotels & Restaurants, Hotel Indigo(R), EVEN(R)
Hotels, HUALUXE(R) Hotels and Resorts, Crowne Plaza(R) Hotels &
Resorts, Holiday Inn(R), Holiday Inn Express(R), Holiday Inn Club
Vacations(R), Holiday Inn Resort(R), Staybridge Suites(R) and
Candlewood Suites(R).
IHG franchises, leases, manages or owns nearly 5,200 hotels and
770,000 guest rooms in almost 100 countries, with nearly 1,500
hotels in its development pipeline. IHG also manages IHG(R) Rewards
Club, our global loyalty programme, which has more than 100 million
enrolled members.
InterContinental Hotels Group PLC is the Group's holding company
and is incorporated in Great Britain and registered in England and
Wales. More than 350,000 people work across IHG's hotels and
corporate offices globally.
Visit www.ihg.com for hotel information and reservations and
www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest
news, visit: www.ihgplc.com/media and follow us on social media at:
www.twitter.com/ihg, www.facebook.com/ihg and
www.youtube.com/ihgplc.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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