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

Rhea-AI Summary

InterContinental Hotels Group PLC announces the purchase of its own shares on August 3, 2023. The company purchased 181,262 ordinary shares at an average price of £56.3289 per share. The intention is to cancel the purchased shares. Following the transaction, the company has 167,468,434 ordinary shares in issue.

Purchase of own shares

LONDON, UK / ACCESSWIRE / August 4, 2023 / The Company announces that on 03 August 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:	03 August 2023
Aggregate number of ordinary shares purchased:	181,262
Lowest price paid per share:	£ 56.0200
Highest price paid per share:	£ 56.6000
Average price paid per share:	£ 56.3289

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 167,468,434 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: 181,262 (ISIN: GB00BHJYC057)

Date of purchases: 03 August 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	101,972	45,453	22,934	10,903
Highest price paid (per ordinary share)	£ 56.6000	£ 56.6000	£ 56.6000	£ 56.6000
Lowest price paid (per ordinary share)	£ 56.0200	£ 56.0200	£ 56.0200	£ 56.0200
Volume weighted average price paid(per ordinary share)	£ 56.3284	£ 56.3229	£ 56.3340	£ 56.3480

Click on, or paste the following link into your web browser, to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/2901I_1-2023-8-3.pdf

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/772252/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares--Aug-4

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 August 3, 2023.

How many shares did the company purchase?

The company purchased 181,262 ordinary shares.

What was the average price paid per share?

The average price paid per share was £56.3289.

What is the intention with the purchased shares?

The intention is to cancel the purchased shares.

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

The company has 167,468,434 ordinary shares in issue after the transaction.