InterContinental Hotels Group PLC Announces Transaction in Own Shares - Oct 25

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InterContinental Hotels Group PLC announces purchase of own shares

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• InterContinental Hotels Group PLC purchased 179,287 of its ordinary shares on October 24, 2023. The lowest price paid per share was £56.9200, the highest price paid per share was £58.5800, and the average price paid per share was £57.7922. The Company intends to cancel the purchased shares.

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• None.

Purchase of own shares

LONDON, UK / ACCESSWIRE / October 25, 2023 / The Company announces that on 24 October 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 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 October 2023
Aggregate number of ordinary shares purchased:	179,287
Lowest price paid per share:	£ 56.9200
Highest price paid per share:	£ 58.5800
Average price paid per share:	£ 57.7922

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 165,149,139 ordinary shares in issue (excluding 7,506,782 held in treasury).

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

http://www.rns-pdf.londonstockexchange.com/rns/1712R_1-2023-10-24.pdf

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: 179,287 (ISIN: GB00BHJYC057)

Date of purchases: 24 October 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	78,897	72,450	19,049	8,891
Highest price paid (per ordinary share)	£ 58.5800	£ 58.4200	£ 58.5600	£ 58.5600
Lowest price paid (per ordinary share)	£ 56.9200	£ 57.0000	£ 57.0400	£ 57.1200
Volume weighted average price paid(per ordinary share)	£ 57.8494	£ 57.7122	£ 57.8410	£ 57.8323

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/796216/intercontinental-hotels-group-plc-announces-transaction-in-own-shares--oct-25

FAQ

What did InterContinental Hotels Group PLC announce?

InterContinental Hotels Group PLC announced the purchase of its own shares.

When did the purchase of shares take place?

The purchase of shares took place on October 24, 2023.

How many shares did InterContinental Hotels Group PLC purchase?

InterContinental Hotels Group PLC purchased 179,287 of its ordinary shares.

What was the lowest price paid per share?

The lowest price paid per share was £56.9200.

What was the highest price paid per share?

The highest price paid per share was £58.5800.

What was the average price paid per share?

The average price paid per share was £57.7922.

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

The Company intends to cancel the purchased shares.