InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 24

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InterContinental Hotels Group PLC announces the purchase of 973 ordinary shares on July 21, 2023, through Goldman Sachs International. The lowest price paid per share was £55.7800, the highest price paid per share was £56.1800, and the average price paid per share was £56.0615. The company intends to cancel the purchased shares. Following the transaction, the company has 168,133,260 ordinary shares in issue.

LONDON, UK / ACCESSWIRE / July 24, 2023 / InterContinental Hotels Group PLC (the Company) (NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF)

The Company announces that on 21 July 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:	21 July 2023
Aggregate number of ordinary shares purchased:	973
Lowest price paid per share:	£ 55.7800
Highest price paid per share:	£ 56.1800
Average price paid per share:	£ 56.0615

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 168,133,260 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: 973 (ISIN: GB00BHJYC057)

Date of purchases: 21 July 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	973
Highest price paid (per ordinary share)	£ 56.1800
Lowest price paid (per ordinary share)	£ 55.7800
Volume weighted average price paid(per ordinary share)	£ 56.0615

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
21/07/2023	09:08:55	BST	29	55.7800	XLON	809035079095511
21/07/2023	09:46:33	BST	32	56.0400	XLON	809035079097158
21/07/2023	09:52:22	BST	39	55.9200	XLON	809035079097523
21/07/2023	10:33:25	BST	52	55.9600	XLON	809035079100336
21/07/2023	10:59:09	BST	47	56.0200	XLON	809035079101809
21/07/2023	12:04:49	BST	42	56.1400	XLON	809035079103924
21/07/2023	12:54:49	BST	44	56.1200	XLON	809035079105424
21/07/2023	13:30:27	BST	39	56.1200	XLON	809035079107230
21/07/2023	14:03:42	BST	49	56.0800	XLON	809035079108993
21/07/2023	14:29:43	BST	43	56.1600	XLON	809035079110320
21/07/2023	14:38:39	BST	12	56.1200	XLON	809035079111642
21/07/2023	14:38:39	BST	37	56.1200	XLON	809035079111643
21/07/2023	14:40:34	BST	49	56.1000	XLON	809035079111848
21/07/2023	14:47:04	BST	49	56.1800	XLON	809035079112853
21/07/2023	14:55:30	BST	41	55.9600	XLON	809035079113815
21/07/2023	15:04:42	BST	44	56.0200	XLON	809035079114839
21/07/2023	15:18:28	BST	41	56.1600	XLON	809035079116250
21/07/2023	15:33:13	BST	38	56.0600	XLON	809035079117445
21/07/2023	15:41:02	BST	41	56.0600	XLON	809035079118038
21/07/2023	15:50:41	BST	42	56.1000	XLON	809035079119112
21/07/2023	15:58:39	BST	54	56.0600	XLON	809035079120219
21/07/2023	16:15:27	BST	47	56.0800	XLON	809035079122085
21/07/2023	16:24:32	BST	62	56.0200	XLON	809035079123580

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/769796/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares--July-24

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 July 21, 2023.

How many shares were purchased?

973 ordinary shares were purchased.

Which investment firm facilitated the purchase?

Goldman Sachs International facilitated the purchase.

What was the lowest price paid per share?

The lowest price paid per share was £55.7800.

What was the highest price paid per share?

The highest price paid per share was £56.1800.

What was the average price paid per share?

The average price paid per share was £56.0615.

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

The company intends to cancel the purchased shares.

How many ordinary shares does the company have in issue after the transaction?

The company has 168,133,260 ordinary shares in issue after the transaction.