IHG: Total Voting Rights 165.2M as of Dec 31, 2023
Ticker: ICHGF · Form: 6-K · Filed: Jan 2, 2024 · CIK: 858446
| Field | Detail |
|---|---|
| Company | Intercontinental Hotels Group PLC /New/ (ICHGF) |
| Form Type | 6-K |
| Filed Date | Jan 2, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: voting-rights, share-capital, regulatory-filing
TL;DR
**IHG's voting shares are 165.2M, meaning your slice of the pie just got a tiny bit bigger if you're a shareholder.**
AI Summary
InterContinental Hotels Group PLC (IHG) announced on January 2, 2024, that as of December 31, 2023, its total voting rights stand at 165,249,984 ordinary shares. This figure is derived from 172,256,766 issued ordinary shares, minus 7,006,782 shares held in treasury. This matters to investors because a lower number of voting rights, due to shares held in treasury or cancelled, can increase the proportional ownership and voting power of existing shareholders, potentially boosting earnings per share.
Why It Matters
This filing provides the updated total number of voting shares, which is crucial for shareholders to calculate their percentage ownership and determine if they need to disclose their stake under regulatory rules.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of voting rights and does not indicate any immediate financial or operational risks.
Analyst Insight
Investors should use this updated voting rights figure to accurately calculate their percentage ownership and ensure compliance with any disclosure requirements, especially if they are close to regulatory thresholds.
Key Numbers
- 165,249,984 — Total Voting Rights (The number of shares eligible to vote as of December 31, 2023.)
- 172,256,766 — Issued Share Capital (The total number of ordinary shares issued by the company.)
- 7,006,782 — Shares Held in Treasury (Shares repurchased by the company and not yet cancelled, which do not carry voting rights.)
- 20 340 / 399 pence — Nominal Value per Share (The par value of each ordinary share.)
- December 31, 2023 — Reporting Date (The date to which the total voting rights figure applies.)
Key Players & Entities
- InterContinental Hotels Group PLC (company) — the registrant
- Disclosure and Transparency Rule 5.6.1 (other) — regulatory requirement for the announcement
- Annual General Meeting (other) — event where share repurchase authority was granted
Forward-Looking Statements
- The total voting rights will remain relatively stable or slightly decrease as IHG continues its share repurchase program. (InterContinental Hotels Group PLC) — medium confidence, target: Q1 2024
FAQ
What is the total number of voting rights for InterContinental Hotels Group PLC as of December 31, 2023?
As of December 31, 2023, the total number of voting rights in InterContinental Hotels Group PLC is 165,249,984.
How many ordinary shares of InterContinental Hotels Group PLC are held in treasury?
InterContinental Hotels Group PLC holds 7,006,782 ordinary shares in treasury as of December 31, 2023.
What is the nominal value of each ordinary share of InterContinental Hotels Group PLC?
Each ordinary share of InterContinental Hotels Group PLC has a nominal value of 20 340 / 399 pence.
When was the authority granted for InterContinental Hotels Group PLC to purchase ordinary shares?
The authority for InterContinental Hotels Group PLC to purchase ordinary shares was granted by shareholders at the Company's Annual General Meeting on May 5, 2023.
What is the purpose of this announcement regarding total voting rights?
This announcement is made in accordance with Disclosure and Transparency Rule 5.6.1, allowing shareholders to use the figure as the denominator for calculations to determine if they need to disclose their interest in the company.
Filing Stats: 424 words · 2 min read · ~1 pages · Grade level 14.4 · Accepted 2024-01-02 09:54:59
Filing Documents
- a3738y.htm (6-K) — 21KB
- 0001654954-24-000023.txt ( ) — 22KB
SIGNATURES
SIGNATURES     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.       InterContinental Hotels Group PLC     (Registrant)         By: /s/ C. Lindsay   Name: C. LINDSAY   Title: SENIOR ASSISTANT COMPANY SECRETARY         Date: 02 January 2024