InterContinental Hotels Group PLC Director/PDMR Shareholding (8589A)
October 01 2020 - 9:15AM
UK Regulatory
TIDMIHG
RNS Number : 8589A
InterContinental Hotels Group PLC
01 October 2020
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR")
Shareholding
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Wayne Hoare
-------------------------- ------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Chief Human Resources Officer
-------------------------- ------------------------------------------
b) Initial notification Initial
/Amendment
-------------------------- ------------------------------------------
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 Ordinary Shares
Identification code GB00BHJYC057
-------------------------- ------------------------------------------
b) Nature of the transaction Grant of Awards under InterContinental
Hotels Group PLC Annual Performance
Plan (APP) and 2019/21 Long Term
Incentive Plan (LTIP) and 2020/22
LTIP following appointment as Chief
Human Resources Officer.
-------------------------- ------------------------------------------
c) Price(s) and volume(s) APP Award:
Conditional rights over a total of
4,666 free shares; the number of
shares calculated by reference to
a price of GBP42.86, being the MMQ
of the Company's share price for
the 3 dealing days preceding the
date of grant.
The award is conditional and will
vest in 3 tranches on 14 September
2021, 14 September 2022 and 14 September
2023. The award is subject to Wayne
Hoare remaining in continuous employment
with the Group until the vesting
dates.
2019/21 LTIP Awards:
The maximum number of shares that
can be transferred if performance
conditions are met in full: 8,237
shares.
The number of shares were calculated
by reference to a price of GBP43.416
being the MMQ of the Company' 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 2021 year end
financial results, subect to the
satisfaction of conditions.
2020/22 LTIP awards
The maximum number of shares that
can be transferred if performance
conditions are met in full: 14,416.
The number of shares were calculated
by reference to a price of GBP43.416
being the MMQ of the Company' 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 2022 year end
financial results, subject to the
satisfaction of conditions.
-------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
-------------------------- ------------------------------------------
e) Date of the transaction 2020-09-21
-------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
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END
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