InterContinental Hotels Group PLC Announces Transaction in Own Shares - Dec 11

Rhea-AI Summary

InterContinental Hotels Group PLC (IHG) announces the purchase of its own shares on the London Stock Exchange. The company bought 78 ordinary shares at prices ranging from £66.5400 to £67.1600 per share. Following the transaction, the company has 164,749,984 ordinary shares in issue, excluding 7,506,782 held in treasury.

Purchase of own shares

LONDON, UK / ACCESSWIRE / December 11, 2023 / The Company announces that on 08 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:	08 December 2023
Aggregate number of ordinary shares purchased:	78
Lowest price paid per share:	£ 66.5400
Highest price paid per share:	£ 67.1600
Average price paid per share:	£ 66.8613

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 164,749,984 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: 78 (ISIN: GB00BHJYC057)

Date of purchases: 08 December 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	78
Highest price paid (per ordinary share)	£ 67.1600
Lowest price paid (per ordinary share)	£ 66.5400
Volume weighted average price paid(per ordinary share)	£ 66.8613

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
08/12/2023	08:14:47	GMT	20	66.5400	XLON	895647389586498
08/12/2023	08:26:29	GMT	13	66.6600	XLON	895647389589519
08/12/2023	09:04:47	GMT	20	66.9400	XLON	895647389594082
08/12/2023	10:05:39	GMT	25	67.1600	XLON	895647389600332

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 the original press release on accesswire.com

FAQ

What did InterContinental Hotels Group PLC (IHG) announce?

IHG announced the purchase of its own shares on the London Stock Exchange.

When did the purchase take place?

The purchase took place on 08 December 2023.

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

IHG bought 78 ordinary shares.

At what price range did InterContinental Hotels Group PLC (IHG) purchase the shares?

The company bought shares at prices ranging from £66.5400 to £67.1600 per share.

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

After the transaction, IHG has 164,749,984 ordinary shares in issue, excluding 7,506,782 held in treasury.