InterContinental Hotels Group PLC Announces Transaction in Own Shares – May 17

Rhea-AI Summary

InterContinental Hotels Group PLC announces the purchase of 2,800 of its ordinary shares on the London Stock Exchange. The highest price paid per share was £53.46, the lowest was £52.98, and the average price paid per share was £53.19. The Company intends to cancel the purchased shares.

Positive

• InterContinental Hotels Group purchased 2,800 of its ordinary shares on the London Stock Exchange

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• None.

LONDON, UK / ACCESSWIRE / May 17, 2023 / The Company announces that on 16 May 2023 it purchased the following number of its ordinary shares of 20^340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 5 May 2023 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 21 February 2023, as announced on 21 February 2023.

Date of purchase:	16 May 2023
Aggregate number of ordinary shares purchased:	2,800
Lowest price paid per share:	£ 52.9800
Highest price paid per share:	£ 53.4600
Average price paid per share:	£ 53.1943

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 171,833,122 ordinary shares in issue (excluding 7,506,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739); Aleksandar Milenkovic (+44 (0)7469 905 720); Joe Simpson (+44 (0)7976 862 072)

Media Relations: Amy Shields (+44 (0)7881 035 550)

Schedule of Purchases

Shares purchased: 2,800 (ISIN: GB00BHJYC057)

Date of purchases: 16 May 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	2,800
Highest price paid (per ordinary share)	£ 53.4600
Lowest price paid (per ordinary share)	£ 52.9800
Volume weighted average price paid(per ordinary share)	£ 53.1943

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
16/05/2023	08:23:34	BST	59	52.9800	XLON	768215709912175
16/05/2023	08:53:19	BST	46	53.1600	XLON	768215709914185
16/05/2023	09:32:55	BST	24	53.0800	XLON	768215709916524
16/05/2023	09:32:55	BST	68	53.0800	XLON	768215709916523
16/05/2023	09:53:37	BST	116	53.0600	XLON	768215709917238
16/05/2023	10:07:56	BST	17	53.1600	XLON	768215709917871
16/05/2023	10:09:30	BST	114	53.1800	XLON	768215709917952
16/05/2023	10:49:16	BST	101	53.0200	XLON	768215709919728
16/05/2023	11:15:20	BST	83	53.1600	XLON	768215709921823
16/05/2023	12:00:55	BST	90	53.2200	XLON	768215709924384
16/05/2023	12:24:39	BST	82	53.2600	XLON	768215709925873
16/05/2023	13:06:11	BST	94	53.2200	XLON	768215709927823
16/05/2023	13:24:15	BST	98	53.2600	XLON	768215709928573
16/05/2023	13:48:03	BST	16	53.1400	XLON	768215709930006
16/05/2023	13:48:03	BST	62	53.1400	XLON	768215709930007
16/05/2023	14:03:02	BST	1	53.1800	XLON	768215709930970
16/05/2023	14:03:34	BST	84	53.1800	XLON	768215709931000
16/05/2023	14:32:38	BST	65	53.1400	XLON	768215709933228
16/05/2023	14:32:38	BST	99	53.1400	XLON	768215709933227
16/05/2023	14:40:43	BST	94	53.1800	XLON	768215709934254
16/05/2023	14:47:33	BST	76	53.1400	XLON	768215709935204
16/05/2023	14:53:09	BST	86	53.1200	XLON	768215709935960
16/05/2023	15:02:24	BST	25	53.1200	XLON	768215709937185
16/05/2023	15:02:24	BST	63	53.1200	XLON	768215709937184
16/05/2023	15:09:17	BST	118	53.1600	XLON	768215709938001
16/05/2023	15:19:40	BST	156	53.2000	XLON	768215709939154
16/05/2023	15:27:42	BST	74	53.1000	XLON	768215709940119
16/05/2023	15:31:57	BST	80	53.1000	XLON	768215709940469
16/05/2023	15:42:03	BST	119	53.1200	XLON	768215709941601
16/05/2023	15:51:32	BST	126	53.2000	XLON	768215709942647
16/05/2023	16:02:10	BST	98	53.3800	XLON	768215709943911
16/05/2023	16:11:12	BST	135	53.4400	XLON	768215709945053
16/05/2023	16:20:18	BST	50	53.4600	XLON	768215709946314
16/05/2023	16:20:18	BST	51	53.4600	XLON	768215709946315
16/05/2023	16:26:35	BST	65	53.4000	XLON	768215709947398
16/05/2023	16:29:48	BST	65	53.4000	XLON	768215709947934

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: InterContinental Hotels Group PLC

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https://www.accesswire.com/755683/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares-May-17

FAQ

What did InterContinental Hotels Group announce?

InterContinental Hotels Group announced the purchase of its own shares on the London Stock Exchange.

How many shares did InterContinental Hotels Group purchase?

InterContinental Hotels Group purchased 2,800 of its ordinary shares.

What was the highest price paid per share?

The highest price paid per share was £53.46.

What was the lowest price paid per share?

The lowest price paid per share was £52.98.

What is the average price paid per share?

The average price paid per share was £53.19.

What does the Company intend to do with the purchased shares?

The Company intends to cancel the purchased shares.