InterContinental Hotels Group PLC Announces Transaction in Own Shares - Jan 10

Rhea-AI Summary

On January 9, 2023, InterContinental Hotels Group purchased 13,894 of its ordinary shares at an average price of £51.3776 each, in accordance with shareholder authority. The transactions were executed through Goldman Sachs International on the London Stock Exchange. The highest price paid was £51.5000, while the lowest was £51.0400. Following this purchase, the total number of ordinary shares in issue stands at 175,552,549, excluding 7,506,782 held in treasury. The company plans to cancel the purchased shares to optimize its capital structure.

Positive

• Share repurchase enhances shareholder value.
• Average purchase price of £51.3776 reflects market confidence.

Negative

• None.

Purchase of own shares

LONDON, UK / ACCESSWIRE / January 10, 2023 / The Company announces that on 09 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:	09 January 2023
Aggregate number of ordinary shares purchased:	13,894
Lowest price paid per share:	£ 51.0400
Highest price paid per share:	£ 51.5000
Average price paid per share:	£ 51.3776

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 175,552,549 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: 13,894 (ISIN: GB00BHJYC057)

Date of purchases: 09 January 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	13,894
Highest price paid (per ordinary share)	£ 51.5000
Lowest price paid (per ordinary share)	£ 51.0400
Volume weighted average price paid(per ordinary share)	£ 51.3776

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
09/01/2023	09:13:38	GMT	197	51.2000	XLON	689695117813594
09/01/2023	09:13:42	GMT	61	51.2000	XLON	689695117813631
09/01/2023	09:20:02	GMT	61	51.2800	XLON	689695117814164
09/01/2023	09:20:02	GMT	96	51.2800	XLON	689695117814180
09/01/2023	09:29:58	GMT	1	51.3400	XLON	689695117815098
09/01/2023	09:29:58	GMT	96	51.3400	XLON	689695117815099
09/01/2023	09:36:57	GMT	58	51.3400	XLON	689695117815794
09/01/2023	09:37:35	GMT	60	51.3200	XLON	689695117815839
09/01/2023	09:43:11	GMT	58	51.3200	XLON	689695117816499
09/01/2023	09:45:37	GMT	68	51.4000	XLON	689695117816862
09/01/2023	09:46:06	GMT	57	51.3600	XLON	689695117816934
09/01/2023	09:49:50	GMT	66	51.3800	XLON	689695117817340
09/01/2023	09:54:37	GMT	107	51.3200	XLON	689695117817719
09/01/2023	09:58:41	GMT	27	51.3000	XLON	689695117818051
09/01/2023	09:58:41	GMT	32	51.3000	XLON	689695117818050
09/01/2023	09:59:00	GMT	71	51.3000	XLON	689695117818086
09/01/2023	10:00:28	GMT	65	51.2800	XLON	689695117818213
09/01/2023	10:02:10	GMT	59	51.2000	XLON	689695117818358
09/01/2023	10:04:35	GMT	67	51.1800	XLON	689695117818588
09/01/2023	10:08:37	GMT	122	51.1800	XLON	689695117819052
09/01/2023	10:12:10	GMT	4	51.2000	XLON	689695117819255
09/01/2023	10:12:10	GMT	112	51.2000	XLON	689695117819256
09/01/2023	10:17:29	GMT	247	51.2200	XLON	689695117819577
09/01/2023	10:21:07	GMT	78	51.1400	XLON	689695117819839
09/01/2023	10:22:01	GMT	62	51.1400	XLON	689695117819951
09/01/2023	10:25:03	GMT	113	51.1000	XLON	689695117820164
09/01/2023	10:27:39	GMT	7	51.0600	XLON	689695117820383
09/01/2023	10:27:39	GMT	83	51.0600	XLON	689695117820382
09/01/2023	10:33:52	GMT	143	51.0600	XLON	689695117820744
09/01/2023	10:35:04	GMT	89	51.0800	XLON	689695117820813
09/01/2023	10:39:01	GMT	103	51.1200	XLON	689695117821130
09/01/2023	10:40:57	GMT	57	51.1400	XLON	689695117821325
09/01/2023	10:43:31	GMT	61	51.1400	XLON	689695117821496
09/01/2023	10:43:32	GMT	63	51.1400	XLON	689695117821500
09/01/2023	10:48:44	GMT	144	51.1600	XLON	689695117821800
09/01/2023	10:56:30	GMT	191	51.1600	XLON	689695117822278
09/01/2023	10:59:02	GMT	56	51.1800	XLON	689695117822463
09/01/2023	11:02:44	GMT	120	51.1600	XLON	689695117822713
09/01/2023	11:08:30	GMT	66	51.1600	XLON	689695117823091
09/01/2023	11:11:20	GMT	105	51.1000	XLON	689695117823370
09/01/2023	11:21:12	GMT	165	51.0400	XLON	689695117824110
09/01/2023	11:30:51	GMT	78	51.1000	XLON	689695117824879
09/01/2023	11:31:07	GMT	70	51.1000	XLON	689695117824907
09/01/2023	11:42:34	GMT	66	51.1600	XLON	689695117825727
09/01/2023	11:48:05	GMT	77	51.1800	XLON	689695117826060
09/01/2023	11:50:00	GMT	67	51.1800	XLON	689695117826200
09/01/2023	11:53:49	GMT	98	51.1800	XLON	689695117826376
09/01/2023	12:02:24	GMT	23	51.2000	XLON	689695117826908
09/01/2023	12:02:24	GMT	52	51.2000	XLON	689695117826907
09/01/2023	12:03:15	GMT	87	51.2000	XLON	689695117827002
09/01/2023	12:18:49	GMT	33	51.1800	XLON	689695117827977
09/01/2023	12:20:02	GMT	97	51.2000	XLON	689695117828062
09/01/2023	12:24:40	GMT	6	51.1800	XLON	689695117828521
09/01/2023	12:24:40	GMT	7	51.1800	XLON	689695117828522
09/01/2023	12:24:40	GMT	73	51.1800	XLON	689695117828529
09/01/2023	12:24:41	GMT	44	51.1800	XLON	689695117828530
09/01/2023	12:24:41	GMT	67	51.1800	XLON	689695117828531
09/01/2023	12:24:41	GMT	101	51.1800	XLON	689695117828532
09/01/2023	12:24:45	GMT	6	51.2200	XLON	689695117828566
09/01/2023	12:24:47	GMT	77	51.2400	XLON	689695117828579
09/01/2023	12:25:00	GMT	53	51.2800	XLON	689695117828617
09/01/2023	12:25:00	GMT	59	51.2800	XLON	689695117828615
09/01/2023	12:25:35	GMT	7	51.3200	XLON	689695117828710
09/01/2023	12:25:35	GMT	7	51.3200	XLON	689695117828711
09/01/2023	12:25:35	GMT	7	51.3200	XLON	689695117828712
09/01/2023	12:25:35	GMT	39	51.3200	XLON	689695117828713
09/01/2023	12:25:47	GMT	76	51.3000	XLON	689695117828724
09/01/2023	12:25:47	GMT	196	51.3000	XLON	689695117828725
09/01/2023	12:25:59	GMT	89	51.3000	XLON	689695117828742
09/01/2023	12:27:04	GMT	6	51.2800	XLON	689695117828826
09/01/2023	12:27:04	GMT	55	51.2800	XLON	689695117828825
09/01/2023	12:37:02	GMT	67	51.3200	XLON	689695117829560
09/01/2023	12:40:39	GMT	71	51.3600	XLON	689695117829763
09/01/2023	12:42:00	GMT	63	51.3600	XLON	689695117829935
09/01/2023	12:53:06	GMT	80	51.4200	XLON	689695117830497
09/01/2023	13:00:52	GMT	16	51.4600	XLON	689695117831098
09/01/2023	13:00:52	GMT	55	51.4600	XLON	689695117831097
09/01/2023	13:01:28	GMT	72	51.4600	XLON	689695117831146
09/01/2023	13:10:31	GMT	163	51.4600	XLON	689695117831664
09/01/2023	13:19:12	GMT	93	51.4000	XLON	689695117832193
09/01/2023	13:19:12	GMT	72	51.4200	XLON	689695117832186
09/01/2023	13:25:16	GMT	68	51.4000	XLON	689695117832730
09/01/2023	13:32:42	GMT	68	51.4000	XLON	689695117833302
09/01/2023	13:32:42	GMT	74	51.4000	XLON	689695117833297
09/01/2023	13:34:02	GMT	10	51.3600	XLON	689695117833382
09/01/2023	13:34:02	GMT	56	51.3600	XLON	689695117833381
09/01/2023	13:37:05	GMT	138	51.4000	XLON	689695117833571
09/01/2023	13:41:30	GMT	70	51.4400	XLON	689695117833865
09/01/2023	14:36:29	GMT	46	51.5000	XLON	689695117839797
09/01/2023	14:36:29	GMT	63	51.5000	XLON	689695117839799
09/01/2023	14:36:29	GMT	71	51.5000	XLON	689695117839806
09/01/2023	14:36:29	GMT	92	51.5000	XLON	689695117839798
09/01/2023	14:36:29	GMT	97	51.5000	XLON	689695117839805
09/01/2023	14:36:29	GMT	110	51.5000	XLON	689695117839804
09/01/2023	14:36:30	GMT	25	51.5000	XLON	689695117839810
09/01/2023	14:36:30	GMT	75	51.5000	XLON	689695117839812
09/01/2023	14:36:30	GMT	629	51.5000	XLON	689695117839811
09/01/2023	14:37:46	GMT	100	51.5000	XLON	689695117839960
09/01/2023	14:37:46	GMT	161	51.5000	XLON	689695117839961
09/01/2023	14:51:01	GMT	34	51.5000	XLON	689695117842252
09/01/2023	14:51:01	GMT	83	51.5000	XLON	689695117842240
09/01/2023	14:51:01	GMT	96	51.5000	XLON	689695117842251
09/01/2023	14:51:01	GMT	97	51.5000	XLON	689695117842250
09/01/2023	14:51:01	GMT	144	51.5000	XLON	689695117842241
09/01/2023	14:51:05	GMT	57	51.5000	XLON	689695117842271
09/01/2023	14:51:05	GMT	83	51.5000	XLON	689695117842275
09/01/2023	14:51:05	GMT	86	51.5000	XLON	689695117842274
09/01/2023	14:51:05	GMT	96	51.5000	XLON	689695117842272
09/01/2023	14:51:05	GMT	97	51.5000	XLON	689695117842273
09/01/2023	14:51:06	GMT	120	51.4800	XLON	689695117842300
09/01/2023	14:51:06	GMT	9	51.5000	XLON	689695117842288
09/01/2023	14:51:06	GMT	11	51.5000	XLON	689695117842293
09/01/2023	14:51:06	GMT	26	51.5000	XLON	689695117842292
09/01/2023	14:51:06	GMT	74	51.5000	XLON	689695117842309
09/01/2023	14:51:06	GMT	87	51.5000	XLON	689695117842286
09/01/2023	14:51:06	GMT	96	51.5000	XLON	689695117842287
09/01/2023	14:51:06	GMT	96	51.5000	XLON	689695117842291
09/01/2023	14:51:06	GMT	97	51.5000	XLON	689695117842290
09/01/2023	14:51:06	GMT	133	51.5000	XLON	689695117842310
09/01/2023	14:51:06	GMT	202	51.5000	XLON	689695117842289
09/01/2023	14:51:14	GMT	108	51.5000	XLON	689695117842332
09/01/2023	14:51:14	GMT	127	51.5000	XLON	689695117842333
09/01/2023	14:51:22	GMT	108	51.5000	XLON	689695117842355
09/01/2023	14:51:22	GMT	143	51.5000	XLON	689695117842356
09/01/2023	14:51:22	GMT	256	51.5000	XLON	689695117842357
09/01/2023	14:52:02	GMT	15	51.5000	XLON	689695117842436
09/01/2023	14:52:02	GMT	81	51.5000	XLON	689695117842435
09/01/2023	15:00:07	GMT	82	51.5000	XLON	689695117843785
09/01/2023	15:00:07	GMT	123	51.5000	XLON	689695117843789
09/01/2023	15:00:08	GMT	80	51.5000	XLON	689695117843794
09/01/2023	15:00:08	GMT	138	51.5000	XLON	689695117843795
09/01/2023	15:02:45	GMT	10	51.5000	XLON	689695117844323
09/01/2023	15:02:45	GMT	10	51.5000	XLON	689695117844324
09/01/2023	15:02:45	GMT	155	51.5000	XLON	689695117844322
09/01/2023	15:02:45	GMT	205	51.5000	XLON	689695117844315
09/01/2023	15:02:46	GMT	45	51.5000	XLON	689695117844326
09/01/2023	15:02:46	GMT	47	51.5000	XLON	689695117844334
09/01/2023	15:02:46	GMT	96	51.5000	XLON	689695117844333
09/01/2023	15:02:46	GMT	97	51.5000	XLON	689695117844332
09/01/2023	15:02:59	GMT	56	51.5000	XLON	689695117844350
09/01/2023	15:03:13	GMT	20	51.5000	XLON	689695117844438
09/01/2023	15:03:13	GMT	203	51.5000	XLON	689695117844437
09/01/2023	15:04:06	GMT	75	51.5000	XLON	689695117844604
09/01/2023	15:04:06	GMT	78	51.5000	XLON	689695117844606
09/01/2023	15:05:03	GMT	62	51.4800	XLON	689695117844767
09/01/2023	15:05:03	GMT	62	51.4800	XLON	689695117844770
09/01/2023	15:06:33	GMT	187	51.4600	XLON	689695117845091
09/01/2023	15:07:31	GMT	25	51.4800	XLON	689695117845322
09/01/2023	15:07:32	GMT	68	51.4800	XLON	689695117845323
09/01/2023	15:08:02	GMT	59	51.4800	XLON	689695117845441
09/01/2023	15:09:13	GMT	65	51.4800	XLON	689695117845658
09/01/2023	15:09:13	GMT	83	51.4800	XLON	689695117845666
09/01/2023	15:11:12	GMT	218	51.4600	XLON	689695117845932
09/01/2023	15:13:27	GMT	57	51.5000	XLON	689695117846404
09/01/2023	15:13:49	GMT	106	51.5000	XLON	689695117846476
09/01/2023	15:14:08	GMT	112	51.5000	XLON	689695117846576
09/01/2023	15:14:08	GMT	118	51.5000	XLON	689695117846571
09/01/2023	15:18:44	GMT	52	51.5000	XLON	689695117847191
09/01/2023	15:18:44	GMT	61	51.5000	XLON	689695117847193
09/01/2023	15:18:44	GMT	92	51.5000	XLON	689695117847192
09/01/2023	15:18:45	GMT	127	51.5000	XLON	689695117847199
09/01/2023	15:23:27	GMT	67	51.5000	XLON	689695117847722
09/01/2023	15:23:31	GMT	79	51.5000	XLON	689695117847734
09/01/2023	15:23:31	GMT	86	51.5000	XLON	689695117847731

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/734639/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares--Jan-10

FAQ

What shares did IHG buy on January 9, 2023?

On January 9, 2023, IHG bought 13,894 ordinary shares at an average price of £51.3776.

What was the highest price paid per share by IHG?

The highest price paid per share by IHG was £51.5000.

How many shares does IHG have in issue after the repurchase?

After the repurchase, IHG has 175,552,549 ordinary shares in issue.

What is IHG's plan for the shares purchased on January 9, 2023?

IHG plans to cancel the purchased shares to optimize its capital structure.