InterContinental Hotels Group PLC Announces Transaction in Own Shares - Nov 20

Rhea-AI Summary

InterContinental Hotels Group PLC (NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF) announces the purchase of its own shares. The company bought 500 of its ordinary shares on November 17, 2023, with the intention to cancel them. The lowest price paid per share was £60.3400, the highest was £61.0000, and the average price was £60.7574. Following the purchase, the company has 164,751,041 ordinary shares in issue (excluding 7,506,782 held in treasury).

Purchase of own shares

LONDON, UK / ACCESSWIRE / November 20, 2023 / InterContinental Hotels Group PLC (NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF)

The Company announces that on 17 November 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:	17 November 2023
Aggregate number of ordinary shares purchased:	500
Lowest price paid per share:	£ 60.3400
Highest price paid per share:	£ 61.0000
Average price paid per share:	£ 60.7574

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 164,751,041 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: 17 November 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)	£ 61.0000
Lowest price paid (per ordinary share)	£ 60.3400
Volume weighted average price paid(per ordinary share)	£ 60.7574

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
17/11/2023	08:20:34	GMT	23	60.3400	XLON	882659408481008
17/11/2023	09:25:01	GMT	18	60.4000	XLON	882659408485864
17/11/2023	09:53:30	GMT	29	60.4800	XLON	882659408487435
17/11/2023	10:18:55	GMT	37	60.5800	XLON	882659408491014
17/11/2023	10:42:10	GMT	27	60.7200	XLON	882659408492671
17/11/2023	12:02:20	GMT	31	60.8000	XLON	882659408497653
17/11/2023	12:42:06	GMT	31	60.7800	XLON	882659408499646
17/11/2023	13:32:07	GMT	26	60.7600	XLON	882659408502406
17/11/2023	14:13:23	GMT	25	60.7200	XLON	882659408505529
17/11/2023	14:30:55	GMT	29	60.8400	XLON	882659408507278
17/11/2023	14:41:10	GMT	29	60.7600	XLON	882659408508969
17/11/2023	14:52:50	GMT	33	60.8400	XLON	882659408510465
17/11/2023	15:05:42	GMT	28	60.8800	XLON	882659408512177
17/11/2023	15:27:46	GMT	28	61.0000	XLON	882659408514872
17/11/2023	15:53:06	GMT	43	60.9000	XLON	882659408517777
17/11/2023	16:21:36	GMT	36	60.8800	XLON	882659408522821
17/11/2023	16:29:06	GMT	20	60.9200	XLON	882659408524519
17/11/2023	16:29:55	GMT	7	60.9400	XLON	882659408524806

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SOURCE: InterContinental Hotels Group PLC

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FAQ

What did InterContinental Hotels Group PLC announce?

InterContinental Hotels Group PLC announced the purchase of its own shares.

When did InterContinental Hotels Group PLC purchase its own shares?

The company purchased its own shares on November 17, 2023.

How many shares did InterContinental Hotels Group PLC buy?

InterContinental Hotels Group PLC bought 500 of its ordinary shares.

What was the lowest price paid per share by InterContinental Hotels Group PLC?

The lowest price paid per share was £60.3400.

What was the highest price paid per share by InterContinental Hotels Group PLC?

The highest price paid per share was £61.0000.

What is the intention of InterContinental Hotels Group PLC after purchasing the shares?

The company intends to cancel the purchased shares.