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

Rhea-AI Summary

InterContinental Hotels Group PLC announces the purchase of its own shares through Goldman Sachs International on the London Stock Exchange. The Company intends to cancel the purchased shares.

Positive

• InterContinental Hotels Group PLC purchased 2,720 of its ordinary shares at prices ranging from £55.3000 to £55.8400 per share. The Company intends to cancel the purchased shares.

Negative

• None.

Purchase of own shares

LONDON, UK / ACCESSWIRE / May 4, 2023 / The Company announces that on 03 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 6 May 2022 (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:	03 May 2023
Aggregate number of ordinary shares purchased:	2,720
Lowest price paid per share:	£ 55.3000
Highest price paid per share:	£ 55.8400
Average price paid per share:	£ 55.6770

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 171,855,255 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); Claire Scicluna (+44 (0)7776 778 808)

Schedule of Purchases

Shares purchased: 2,720 (ISIN: GB00BHJYC057)

Date of purchases: 03 May 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	2,720
Highest price paid (per ordinary share)	£ 55.8400
Lowest price paid (per ordinary share)	£ 55.3000
Volume weighted average price paid(per ordinary share)	£ 55.6770

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
03/05/2023	08:08:50	BST	46	55.5200	XLON	760175531132965
03/05/2023	08:21:02	BST	52	55.3000	XLON	760175531134355
03/05/2023	08:59:30	BST	95	55.4200	XLON	760175531137703
03/05/2023	09:21:11	BST	97	55.4200	XLON	760175531140217
03/05/2023	09:33:10	BST	90	55.4400	XLON	760175531141243
03/05/2023	10:00:21	BST	111	55.4400	XLON	760175531144073
03/05/2023	10:21:25	BST	81	55.4800	XLON	760175531146337
03/05/2023	10:56:54	BST	76	55.5200	XLON	760175531149463
03/05/2023	11:20:33	BST	85	55.6200	XLON	760175531151539
03/05/2023	11:59:36	BST	88	55.6600	XLON	760175531154662
03/05/2023	12:20:50	BST	81	55.7200	XLON	760175531156409
03/05/2023	12:48:22	BST	72	55.7000	XLON	760175531158358
03/05/2023	13:20:33	BST	88	55.8000	XLON	760175531160705
03/05/2023	13:48:15	BST	105	55.6800	XLON	760175531163062
03/05/2023	14:07:05	BST	97	55.6400	XLON	760175531164624
03/05/2023	14:26:13	BST	74	55.6000	XLON	760175531166364
03/05/2023	14:34:12	BST	79	55.7600	XLON	760175531167908
03/05/2023	14:41:38	BST	73	55.7800	XLON	760175531169283
03/05/2023	14:46:35	BST	88	55.7200	XLON	760175531169941
03/05/2023	14:55:45	BST	117	55.8400	XLON	760175531171514
03/05/2023	15:02:55	BST	88	55.8200	XLON	760175531172675
03/05/2023	15:12:50	BST	96	55.7800	XLON	760175531173909
03/05/2023	15:18:25	BST	82	55.8200	XLON	760175531174676
03/05/2023	15:23:37	BST	75	55.8000	XLON	760175531175318
03/05/2023	15:34:15	BST	103	55.8200	XLON	760175531176704
03/05/2023	15:44:22	BST	123	55.8000	XLON	760175531177785
03/05/2023	15:52:19	BST	83	55.8200	XLON	760175531178955
03/05/2023	16:00:00	BST	94	55.7800	XLON	760175531180097
03/05/2023	16:07:02	BST	99	55.7400	XLON	760175531181001
03/05/2023	16:17:50	BST	102	55.7400	XLON	760175531182674
03/05/2023	16:24:59	BST	80	55.7600	XLON	760175531183782

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/752911/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares--4-May

FAQ

What did InterContinental Hotels Group PLC announce?

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

How many shares did InterContinental Hotels Group PLC purchase?

InterContinental Hotels Group PLC purchased 2,720 of its ordinary shares.

At what prices did InterContinental Hotels Group PLC purchase its shares?

InterContinental Hotels Group PLC purchased its shares at prices ranging from £55.3000 to £55.8400 per share.

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

The Company intends to cancel the purchased shares.