InterContinental Hotels Group PLC Announces Transaction in Own Shares - Nov 27

Rhea-AI Summary

InterContinental Hotels Group PLC (IHG) announced the purchase of its own shares on November 27, 2023. The company bought 479 ordinary shares at an average price of £61.6239 per share. Following the transaction, IHG has 164,750,562 ordinary shares in issue (excluding 7,506,782 held in treasury).

Purchase of own shares

LONDON, UK / ACCESSWIRE / November 27, 2023 / The Company announces that on 24 November 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:	24 November 2023
Aggregate number of ordinary shares purchased:	479
Lowest price paid per share:	£ 61.3200
Highest price paid per share:	£ 61.7600
Average price paid per share:	£ 61.6239

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 164,750,562 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: Mike Ward (+44 (0)7795 257 407)

Schedule of Purchases

Shares purchased: 479 (ISIN: GB00BHJYC057)

Date of purchases: 24 November 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	479
Highest price paid (per ordinary share)	£ 61.7600
Lowest price paid (per ordinary share)	£ 61.3200
Volume weighted average price paid(per ordinary share)	£ 61.6239

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
24/11/2023	08:34:07	GMT	15	61.3200	XLON	886988735515802
24/11/2023	08:43:55	GMT	17	61.4200	XLON	886988735516472
24/11/2023	10:04:06	GMT	27	61.5400	XLON	886988735520470
24/11/2023	10:51:02	GMT	3	61.5600	XLON	886988735522805
24/11/2023	10:51:02	GMT	34	61.5600	XLON	886988735522804
24/11/2023	11:29:57	GMT	30	61.5400	XLON	886988735524336
24/11/2023	12:17:06	GMT	26	61.5800	XLON	886988735525972
24/11/2023	12:53:39	GMT	24	61.6600	XLON	886988735527199
24/11/2023	13:31:20	GMT	30	61.6600	XLON	886988735529497
24/11/2023	14:14:11	GMT	26	61.7600	XLON	886988735531748
24/11/2023	14:33:22	GMT	30	61.7600	XLON	886988735534403
24/11/2023	14:45:40	GMT	26	61.6400	XLON	886988735535887
24/11/2023	14:55:26	GMT	26	61.5800	XLON	886988735536975
24/11/2023	15:08:14	GMT	28	61.7200	XLON	886988735538418
24/11/2023	15:18:01	GMT	24	61.7200	XLON	886988735539439
24/11/2023	15:27:15	GMT	27	61.7000	XLON	886988735540385
24/11/2023	15:50:20	GMT	37	61.6400	XLON	886988735542801
24/11/2023	16:15:33	GMT	31	61.6200	XLON	886988735546289
24/11/2023	16:25:04	GMT	18	61.6200	XLON	886988735548114

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/810142/intercontinental-hotels-group-plc-announces-transaction-in-own-shares--nov-27

FAQ

What did InterContinental Hotels Group PLC (IHG) announce?

IHG announced the purchase of its own shares.

When did the purchase of shares take place?

The purchase of shares took place on November 27, 2023.

How many shares did InterContinental Hotels Group PLC (IHG) purchase?

IHG purchased 479 ordinary shares.

What was the average price paid per share?

The average price paid per share was £61.6239.

How many ordinary shares does InterContinental Hotels Group PLC (IHG) have after the transaction?

IHG has 164,750,562 ordinary shares in issue after the transaction.

Who facilitated the purchase of shares for InterContinental Hotels Group PLC (IHG)?

The purchase of shares was facilitated through Goldman Sachs International (GSI).