InterContinental Hotels Group PLC Announces Transaction in Own Shares – Jan 19

Rhea-AI Summary

On January 19, 2023, InterContinental Hotels Group announced the purchase of 7,469 ordinary shares at an average price of £55.9502 each on January 18, 2023, as authorized by shareholders during the Annual General Meeting on May 6, 2022. The shares were acquired through Goldman Sachs International on the London Stock Exchange. Following this purchase, the total number of ordinary shares outstanding is 175,465,665, excluding 7,506,782 shares held in treasury. The company plans to cancel the shares purchased in this transaction.

Positive

• Completed purchase of 7,469 ordinary shares, indicating a commitment to shareholder value.
• Shares purchased at an average price lower than the highest recorded price of £56.2600.

Negative

• None.

LONDON, UK / ACCESSWIRE / January 19, 2023 / The Company announces that on 18 January 2023 it purchased the following number of its ordinary shares of 20^340/399pence 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 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

Date of purchase:	18 January 2023
Aggregate number of ordinary shares purchased:	7,469
Lowest price paid per share:	£ 55.4200
Highest price paid per share:	£ 56.2600
Average price paid per share:	£ 55.9502

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 175,465,665 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); Dan Winter (+44 (0)7423 793 352)

Schedule of Purchases

Shares purchased: 7,469 (ISIN: GB00BHJYC057)

Date of purchases: 18 January 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	7,469
Highest price paid (per ordinary share)	£ 56.2600
Lowest price paid (per ordinary share)	£ 55.4200
Volume weighted average price paid(per ordinary share)	£ 55.9502

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
18/01/2023	08:12:58	GMT	154	55.5600	XLON	695261395422526
18/01/2023	08:16:18	GMT	60	55.5800	XLON	695261395423000
18/01/2023	08:33:46	GMT	26	55.5000	XLON	695261395424875
18/01/2023	08:33:46	GMT	39	55.5000	XLON	695261395424874
18/01/2023	08:39:11	GMT	61	55.4400	XLON	695261395425752
18/01/2023	08:45:06	GMT	75	55.4600	XLON	695261395426275
18/01/2023	09:00:59	GMT	58	55.4600	XLON	695261395427634
18/01/2023	09:04:00	GMT	83	55.5000	XLON	695261395428049
18/01/2023	09:12:30	GMT	63	55.4200	XLON	695261395429019
18/01/2023	09:19:34	GMT	100	55.4600	XLON	695261395429632
18/01/2023	09:28:20	GMT	141	55.4800	XLON	695261395430224
18/01/2023	09:45:05	GMT	61	55.7400	XLON	695261395432218
18/01/2023	09:48:04	GMT	61	55.6000	XLON	695261395432489
18/01/2023	10:01:20	GMT	68	55.7400	XLON	695261395433528
18/01/2023	10:12:54	GMT	111	55.7000	XLON	695261395434836
18/01/2023	10:21:06	GMT	154	55.7600	XLON	695261395435603
18/01/2023	10:38:08	GMT	121	55.7800	XLON	695261395437521
18/01/2023	10:47:33	GMT	62	55.8800	XLON	695261395438402
18/01/2023	10:56:55	GMT	72	55.8000	XLON	695261395439266
18/01/2023	11:10:43	GMT	101	55.7800	XLON	695261395440357
18/01/2023	11:18:11	GMT	62	55.7400	XLON	695261395440803
18/01/2023	11:27:34	GMT	65	55.7600	XLON	695261395441606
18/01/2023	11:31:00	GMT	7	55.8600	XLON	695261395441955
18/01/2023	11:31:00	GMT	98	55.8600	XLON	695261395441956
18/01/2023	11:43:29	GMT	101	55.9400	XLON	695261395442969
18/01/2023	11:49:41	GMT	29	56.0400	XLON	695261395443501
18/01/2023	11:49:41	GMT	42	56.0400	XLON	695261395443502
18/01/2023	12:23:34	GMT	122	56.0000	XLON	695261395445884
18/01/2023	12:45:30	GMT	210	56.0000	XLON	695261395447312
18/01/2023	12:59:07	GMT	82	55.9600	XLON	695261395447996
18/01/2023	13:04:40	GMT	22	55.9200	XLON	695261395448258
18/01/2023	13:04:40	GMT	49	55.9200	XLON	695261395448259
18/01/2023	13:04:40	GMT	50	55.9200	XLON	695261395448257
18/01/2023	13:20:57	GMT	109	55.8800	XLON	695261395449256
18/01/2023	13:27:20	GMT	79	55.8600	XLON	695261395449694
18/01/2023	13:31:28	GMT	72	55.9800	XLON	695261395450835
18/01/2023	13:38:59	GMT	71	55.9200	XLON	695261395451686
18/01/2023	13:47:10	GMT	73	55.9800	XLON	695261395452356
18/01/2023	13:53:11	GMT	114	56.0000	XLON	695261395452830
18/01/2023	13:56:59	GMT	116	56.0000	XLON	695261395453164
18/01/2023	14:10:04	GMT	112	56.0400	XLON	695261395454341
18/01/2023	14:10:14	GMT	107	56.0400	XLON	695261395454357
18/01/2023	14:22:41	GMT	96	55.9800	XLON	695261395455316
18/01/2023	14:28:02	GMT	18	55.9600	XLON	695261395455865
18/01/2023	14:28:02	GMT	59	55.9600	XLON	695261395455864
18/01/2023	14:32:58	GMT	169	56.1200	XLON	695261395457183
18/01/2023	14:35:37	GMT	60	56.1600	XLON	695261395457667
18/01/2023	14:37:08	GMT	58	56.1000	XLON	695261395457924
18/01/2023	14:37:23	GMT	64	56.0600	XLON	695261395458014
18/01/2023	14:39:52	GMT	64	56.0800	XLON	695261395458598
18/01/2023	14:41:38	GMT	33	56.0800	XLON	695261395458899
18/01/2023	14:41:38	GMT	35	56.0800	XLON	695261395458898
18/01/2023	14:44:58	GMT	99	56.0600	XLON	695261395459584
18/01/2023	14:45:48	GMT	67	56.0600	XLON	695261395459859
18/01/2023	14:48:11	GMT	60	56.0000	XLON	695261395460350
18/01/2023	14:51:12	GMT	144	56.0400	XLON	695261395460904
18/01/2023	14:56:42	GMT	5	56.1400	XLON	695261395461835
18/01/2023	14:56:42	GMT	131	56.1400	XLON	695261395461831
18/01/2023	14:59:21	GMT	109	56.1800	XLON	695261395462279
18/01/2023	14:59:58	GMT	70	56.1800	XLON	695261395462394
18/01/2023	15:01:44	GMT	67	56.1400	XLON	695261395462713
18/01/2023	15:03:25	GMT	77	56.1600	XLON	695261395463071
18/01/2023	15:07:00	GMT	59	56.2000	XLON	695261395463647
18/01/2023	15:09:04	GMT	65	56.2200	XLON	695261395463926
18/01/2023	15:11:20	GMT	83	56.1600	XLON	695261395464301
18/01/2023	15:11:47	GMT	39	56.1600	XLON	695261395464379
18/01/2023	15:14:39	GMT	29	56.2000	XLON	695261395464889
18/01/2023	15:14:43	GMT	96	56.2000	XLON	695261395464908
18/01/2023	15:18:02	GMT	67	56.2200	XLON	695261395465468
18/01/2023	15:18:33	GMT	64	56.2000	XLON	695261395465621
18/01/2023	15:20:12	GMT	74	56.1600	XLON	695261395466002
18/01/2023	15:25:15	GMT	16	56.2400	XLON	695261395466918
18/01/2023	15:25:15	GMT	133	56.2400	XLON	695261395466919
18/01/2023	15:27:52	GMT	58	56.2400	XLON	695261395467371
18/01/2023	15:30:00	GMT	62	56.2600	XLON	695261395467662
18/01/2023	15:35:10	GMT	137	56.1600	XLON	695261395468694
18/01/2023	15:37:14	GMT	4	56.1600	XLON	695261395469158
18/01/2023	15:37:14	GMT	62	56.1600	XLON	695261395469159
18/01/2023	15:39:08	GMT	58	56.1600	XLON	695261395469571
18/01/2023	15:42:07	GMT	66	56.1000	XLON	695261395470050
18/01/2023	15:46:02	GMT	62	56.0600	XLON	695261395470767
18/01/2023	15:49:28	GMT	103	56.0600	XLON	695261395471643
18/01/2023	15:53:15	GMT	153	55.9600	XLON	695261395472474
18/01/2023	15:59:11	GMT	77	55.9600	XLON	695261395473700
18/01/2023	16:04:28	GMT	150	56.0800	XLON	695261395474541
18/01/2023	16:04:56	GMT	118	56.0800	XLON	695261395474654
18/01/2023	16:09:10	GMT	66	55.9800	XLON	695261395475350
18/01/2023	16:11:49	GMT	107	55.9600	XLON	695261395475841
18/01/2023	16:13:55	GMT	66	55.9400	XLON	695261395476227
18/01/2023	16:17:03	GMT	66	55.9400	XLON	695261395476804
18/01/2023	16:18:26	GMT	67	55.9400	XLON	695261395477007
18/01/2023	16:21:11	GMT	77	55.9600	XLON	695261395477576
18/01/2023	16:23:55	GMT	69	55.9400	XLON	695261395478164
18/01/2023	16:27:30	GMT	92	55.9800	XLON	695261395479091
18/01/2023	16:29:14	GMT	76	55.9600	XLON	695261395479582

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

View source version on accesswire.com:
https://www.accesswire.com/735830/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares-Jan-19

FAQ

What shares did IHG purchase on January 18, 2023?

IHG purchased 7,469 ordinary shares at an average price of £55.9502 each.

Who executed the share purchase for IHG?

The share purchase was executed by Goldman Sachs International.

What is the current number of IHG ordinary shares outstanding?

Following the purchase, IHG has 175,465,665 ordinary shares in issue, excluding treasury shares.

What was the highest price paid per share in the IHG transaction?

The highest price paid per share was £56.2600.