InterContinental Hotels Group PLC Announces Transaction in Own Shares - Dec 4

Rhea-AI Summary

InterContinental Hotels Group PLC (IHG) announced the purchase of its own shares on December 4, 2023. The company bought 500 ordinary shares at prices ranging from £62.0200 to £63.1800 per share. The total number of ordinary shares now stands at 164,750,062, excluding those held in treasury.

Purchase of own shares

LONDON, UK / ACESSWIRE / December 4, 2023 / The Company announces that on 01 December 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:	01 December 2023
Aggregate number of ordinary shares purchased:	500
Lowest price paid per share:	£ 62.0200
Highest price paid per share:	£ 63.1800
Average price paid per share:	£ 62.5682

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 164,750,062 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: 500 (ISIN: GB00BHJYC057)

Date of purchases: 01 December 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	500
Highest price paid (per ordinary share)	£ 63.1800
Lowest price paid (per ordinary share)	£ 62.0200
Volume weighted average price paid(per ordinary share)	£ 62.5682

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
01/12/2023	08:14:25	GMT	14	62.1600	XLON	891318062551694
01/12/2023	08:15:07	GMT	15	62.1000	XLON	891318062551836
01/12/2023	09:56:56	GMT	29	62.0200	XLON	891318062567478
01/12/2023	10:27:41	GMT	32	62.1800	XLON	891318062569961
01/12/2023	11:04:20	GMT	33	62.1400	XLON	891318062573299
01/12/2023	11:59:14	GMT	26	62.2800	XLON	891318062577179
01/12/2023	12:40:22	GMT	24	62.2400	XLON	891318062579728
01/12/2023	13:37:05	GMT	24	62.3000	XLON	891318062582914
01/12/2023	13:56:13	GMT	29	62.2000	XLON	891318062584437
01/12/2023	14:24:40	GMT	27	62.2400	XLON	891318062586887
01/12/2023	14:37:02	GMT	25	62.4400	XLON	891318062589595
01/12/2023	14:49:33	GMT	29	62.6200	XLON	891318062593006
01/12/2023	15:02:02	GMT	26	62.8200	XLON	891318062595533
01/12/2023	15:13:37	GMT	28	63.0400	XLON	891318062598388
01/12/2023	15:25:40	GMT	26	63.0600	XLON	891318062600675
01/12/2023	15:40:48	GMT	28	63.1600	XLON	891318062603146
01/12/2023	16:04:08	GMT	29	63.1200	XLON	891318062607379
01/12/2023	16:21:22	GMT	29	63.1400	XLON	891318062611890
01/12/2023	16:29:58	GMT	27	63.1800	XLON	891318062614147

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/812760/intercontinental-hotels-group-plc-announces-transaction-in-own-shares--dec-4

FAQ

What did InterContinental Hotels Group PLC (IHG) announce on December 4, 2023?

IHG announced the purchase of its own shares.

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

IHG purchased 500 ordinary shares.

What were the prices of the shares purchased by InterContinental Hotels Group PLC (IHG)?

The prices ranged from £62.0200 to £63.1800 per share.

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

IHG now has 164,750,062 ordinary shares, excluding those held in treasury.