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InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that Byron Grote, a Non‑Executive Director of the Company, acquired a total of 1,500 American Depositary Receipts ("ADRs") in the Company across two days, being 9 May 2023 and 10 May 2023. Details of each daily transaction can be found below.
The following transaction notifications are given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Byron Grote |
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2
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Reason for the notification
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a)
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Position/status
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Non-Executive Director |
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b)
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Initial notification /Amendment
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Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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InterContinental Hotels Group PLC |
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b)
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LEI
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2138007ZFQYRUSLU3J98 |
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code |
American Depositary Receipts (ADRs) in InterContinental Hotels Group PLC
US45857P8068 |
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b)
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Nature of the transaction
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Acquisition |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
- Aggregated total |
700
US $69.98
US $48,986
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e)
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Date of the transaction
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2023-05-09 |
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f)
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Place of the transaction
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NYSE |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Byron Grote |
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2
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Reason for the notification
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a)
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Position/status
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Non-Executive Director |
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b)
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Initial notification /Amendment
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Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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InterContinental Hotels Group PLC |
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b)
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LEI
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2138007ZFQYRUSLU3J98 |
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4
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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
|
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|
a)
|
Description of the financial instrument, type of instrument
Identification code |
American Depositary Receipts (ADRs) in InterContinental Hotels Group PLC
US45857P8068 |
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b)
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Nature of the transaction
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Acquisition |
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c)
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Price(s) and volume(s)
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|
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d)
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Aggregated information
- Aggregated volume
- Price
- Aggregated total |
800
US $68.22
US $54,576
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e)
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Date of the transaction
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2023-05-10 |
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f)
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Place of the transaction
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NYSE |
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| TIDM | IHG |
| Share Price | US$159.70-0.59% |
| Market Cap | $23.63bn |
InterContinental Hotels Group PLC announced that Byron Grote, a Non-Executive Director, acquired a total of 1,500 American Depositary Receipts (ADRs) in the Company. This consisted of 700 ADRs acquired on May 9, 2023, at a price of US $69.98 per ADR, and 800 ADRs acquired on May 10, 2023, at a price of US $68.22 per ADR.
| Date | 11 May 2023 |
| Time | 14:00:01 |
| Category | Director/PDMR dealings |
| ID | 0222Z |