IHG PLC Files 6-K on Director Shareholdings & Buybacks

TL;DR

IHG PLC 6-K: Insiders bought/sold shares, company bought back stock Feb 26-27.

AI Summary

InterContinental Hotels Group PLC filed a Form 6-K on March 8, 2024, reporting on director and PDMR shareholdings and transactions in own shares. Specifically, Exhibit 99.1 details director/PDMR shareholdings as of February 23, 2024, while Exhibits 99.2 and 99.3 report transactions in own shares on February 26 and February 27, 2024, respectively.

Why It Matters

This filing provides transparency into insider transactions and share repurchases, which can signal management's confidence in the company's future performance.

Risk Assessment

Risk Level: low — The filing is routine and reports on standard corporate actions like shareholdings and buybacks, with no immediate negative financial implications.

Key Players & Entities

• InterContinental Hotels Group PLC (company) — Registrant
• February 23, 2024 (date) — Director/PDMR Shareholding date
• February 26, 2024 (date) — Transaction in Own Shares date
• February 27, 2024 (date) — Transaction in Own Shares date

FAQ

Filing Documents

• interconbatch08032024.htm (6-K) — 764KB
• 0001654954-24-002857.txt ( ) — 765KB

From the Filing

FILING interconbatch08032024       SECURITIES AND EXCHANGE COMMISSION     Washington DC 20549     FORM 6-K     REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 AND 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934     For  08 March 2024     InterContinental Hotels Group PLC (Registrant's name)     1 Windsor Dials, Arthur Road, Windsor, SL4 1RS, United Kingdom (Address of principal executive offices)     Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.     Form 20-F           Form 40-F           EXHIBIT INDEX   99.1   Director/PDMR Shareholding dated 23 February 2024   99.2   Transaction in Own Shares dated 26 February 2024   99.3   Transaction in Own Shares dated 27 February 2024   99.4   Transaction in Own Shares dated 28 February 2024   99.5   Director/PDMR Shareholding dated 29 February 2024   99.6   Transaction in Own Shares dated 29 February 2024   99.7   Transaction in Own Shares dated 01 March 2024   99.8   Director/PDMR Shareholding dated 01 March 2024   99.9   Transaction in Own Shares dated 04 March 2024   99.10   Transaction in Own Shares dated 07 March 2024   99.11   Transaction in Own Shares dated 08 March 2024               Exhibit No: 99.1   InterContinental Hotels Group PLC   Person Discharging Managerial Responsibility ("PDMR") Shareholding   InterContinental Hotels Group PLC (the "Company") has been notified that on 21 February 2024 the following shares were allocated, pursuant to the vesting of shares under the Company's 2021/23 Long Term Incentive Plan, following adjustments for tax and social security withholdings, to the following PDMRs:   Name of PDMR Number of shares Elie Maalouf 10,197 Michael Glover 2,368 Heather Balsley 3,548* Jolyon Bulley 5,039* Yasmin Diamond 3,690* Nicolette Henfrey 4,010 Wayne Hoare 5,374 Kenneth Macpherson 5,232* George Turner 5,179 *A number of shares were subsequently sold upon vesting as also notified below.   This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.   1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name   Elie Maalouf 2   Reason for the notification   a)   Position/status   Chief Executive Officer b)   Initial notification /Amendment   Initial 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   InterContinental Hotels Group PLC b)   LEI   2138007ZFQYRUSLU3J98 4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted   a)   Description of the financial instrument, type of instrument   Identification code   Ordinary Shares   GB00BHJYC057 b)   Nature of the transaction   Shares allocated pursuant to the vesting of shares under the Company's 2021/23 Long Term Incentive Plan, following adjustments for tax and social security withholdings c)   Price(s) and volume(s)     Price(s)   Volume(s) Nil consideration   10,197 d)   Aggregated information   - Aggregated volume   - Price   - Aggregated total     10,197   Nil consideration   Nil consideration   e)   Date of the transaction   2024-02-21 f)   Place of the transaction   Outside a trading venue     1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name   Michael Glover 2   Reason for the notification   a)   Position/status   Chief Financial Officer b)   Initial notification /Amendment   Initial 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   InterContinental Hotels Group PLC b)   LEI   2138007ZFQYRUSLU3J98 4   Details of the transaction(s):

View Full Filing

View this 6-K filing on SEC EDGAR