Source - RNS
RNS Number : 0207D
InterContinental Hotels Group PLC
21 April 2017
 

InterContinental Hotels Group PLC ("IHG" or the "Company")

 

Transaction in Own Shares

 

Further to the announcement on 20 April 2017, IHG announces that it has purchased through Merrill Lynch International, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2016, the following number of its ordinary shares of 18 318/329 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 20 April 2017:

 

Date of purchase:

21 April 2017

Number of Shares purchased:

27

Highest price paid per Share:

3,906.00 pence

Lowest price paid per Share:

3,883.00 pence

Average price paid per Share:

3893.2222 pence

             

The Company intends to cancel all of the purchased Shares.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the individual purchases made by Merrill Lynch International on behalf of the Company as part of the buyback programme.

 

 

Schedule of Purchases

 

Shares purchased:

InterContinental Hotels Group PLC ordinary shares of 18 318/329 pence each

ISIN:

GB00BYXK6398

Date of purchases:

21 April 2017

Investment firm:

Merrill Lynch International

 

 

Aggregate information:

 

Venue

Volume-weighted average price, pence

Aggregated volume

London Stock Exchange

3,893.2222

27

 

 

Individual transactions:

 

Number of shares purchased

Transaction price (pence per share)

Time of transaction

Trading venue

 3

 3,885.00

08:21:26

London Stock Exchange

 3

 3,883.00

08:24:19

London Stock Exchange

 4

 3,886.00

08:30:40

London Stock Exchange

 3

 3,887.00

08:32:48

London Stock Exchange

 2

 3,890.00

08:38:30

London Stock Exchange

 4

 3,889.00

08:46:57

London Stock Exchange

 2

 3,889.00

08:47:17

London Stock Exchange

 4

 3,906.00

08:53:20

London Stock Exchange

 2

 3,905.00

08:57:37

London Stock Exchange

 

For further information

Investor Relations (Heather Wood, Neeral Morzaria):

+44 (0)1895 512176

+44 (0)7808 098724

Media Relations (Yasmin Diamond, Jovana Lakcevic):

+44 (0)1895 512864

+44 (0)7736 746627

 

Notes for editors

IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®.

 

IHG franchises, leases, manages or owns nearly 5,200 hotels and 770,000 guest rooms in almost 100 countries, with nearly 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world's first and largest hotel loyalty programme, with more than 100 million enrolled members worldwide. 

 

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG's hotels and corporate offices globally.

 

Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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