InterContinental Hotels Group PLC Announces Transaction in Own Shares - April 16

Rhea-AI Summary

InterContinental Hotels Group PLC purchased 175,246 of its ordinary shares on the London Stock Exchange. The Company intends to cancel the purchased shares, leaving 163,205,603 ordinary shares in issue. The transaction was executed through Goldman Sachs International at prices ranging from £78.1400 to £79.4000 per share.

LONDON, UNITED KINGDOM / ACCESSWIRE / April 16, 2024 / The Company announces that on 15 April 2024 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 20 February 2024, as announced on 20 February 2024.

Date of purchase:	15 April 2024
Aggregate number of ordinary shares purchased:	175,246
Lowest price paid per share:	£ 78.1400
Highest price paid per share:	£ 79.4000
Average price paid per share:	£ 78.8660

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 163,205,603 ordinary shares in issue (excluding 7,006,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

http://www.rns-pdf.londonstockexchange.com/rns/7064K_1-2024-4-15.pdf

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: 175,246 (ISIN: GB00BHJYC057)

Date of purchases: 15 April 2024

Investment firm: GSI

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

How many ordinary shares did InterContinental Hotels Group PLC purchase?

InterContinental Hotels Group PLC purchased 175,246 of its ordinary shares.

What was the lowest price paid per share in the transaction?

The lowest price paid per share in the transaction was £78.1400.

Who facilitated the purchase of shares for InterContinental Hotels Group PLC?

The purchase of shares for InterContinental Hotels Group PLC was facilitated by Goldman Sachs International.

What is the total number of ordinary shares in issue after the transaction?

After the transaction, InterContinental Hotels Group PLC has 163,205,603 ordinary shares in issue.