InterContinental Hotels Group PLC Announces Transaction in Own Shares - Oct 23

Rhea-AI Summary

InterContinental Hotels Group PLC announces purchase of own shares

Positive

• InterContinental Hotels Group PLC purchased 500 of its ordinary shares on the London Stock Exchange
• The highest price paid per share was £60.1000
• The average price paid per share was £59.3988

Negative

• None.

Purchase of own shares

LONDON, UK / ACCESSWIRE / October 23, 2023 / InterContinental Hotels Group PLC (the Company)(NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF)The Company announces that on 20 October 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 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:	20 October 2023
Aggregate number of ordinary shares purchased:	500
Lowest price paid per share:	£ 58.8800
Highest price paid per share:	£ 60.1000
Average price paid per share:	£ 59.3988

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 165,328,426 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: 20 October 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)	£ 60.1000
Lowest price paid (per ordinary share)	£ 58.8800
Volume weighted average price paid(per ordinary share)	£ 59.3988

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
20/10/2023	08:18:25	BST	23	59.8600	XLON	865316330541606
20/10/2023	08:33:09	BST	9	60.1000	XLON	865316330543851
20/10/2023	08:33:09	BST	15	60.1000	XLON	865316330543850
20/10/2023	09:35:30	BST	27	60.0400	XLON	865316330550608
20/10/2023	10:18:21	BST	33	59.4600	XLON	865316330555342
20/10/2023	10:54:01	BST	33	59.3600	XLON	865316330561135
20/10/2023	11:20:39	BST	29	59.2800	XLON	865316330565192
20/10/2023	12:51:42	BST	29	59.5400	XLON	865316330571028
20/10/2023	13:55:13	BST	38	59.3200	XLON	865316330576506
20/10/2023	14:33:01	BST	49	59.3600	XLON	865316330583225
20/10/2023	14:51:09	BST	32	59.3200	XLON	865316330590196
20/10/2023	15:09:50	BST	32	59.3000	XLON	865316330595404
20/10/2023	15:29:04	BST	38	59.2400	XLON	865316330599257
20/10/2023	15:46:00	BST	34	59.4000	XLON	865316330602778
20/10/2023	16:15:20	BST	43	59.1400	XLON	865316330610983
20/10/2023	16:24:54	BST	23	58.8800	XLON	865316330614158
20/10/2023	16:29:49	BST	13	58.9000	XLON	865316330615696

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/795361/intercontinental-hotels-group-plc-announces-transaction-in-own-shares--oct-23

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 500 of its ordinary shares.

Where did the purchase take place?

The purchase took place on the London Stock Exchange.

What was the highest price paid per share?

The highest price paid per share was £60.1000.

What was the average price paid per share?

The average price paid per share was £59.3988.

What will the company do with the purchased shares?

The company intends to cancel the purchased shares.

How many ordinary shares does the company have in issue?

The company has 165,328,426 ordinary shares in issue (excluding 7,506,782 held in treasury).