InterContinental Hotels Group PLC Announces Transaction in Own Shares - Dec 20
Purchase of own shares
LONDON, UK / ACCESSWIRE / December 20, 2022 / The Company announces that on 19 December 2022 it purchased the following number of its ordinary shares of 20340/399 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 6 May 2022 (the “Purchase”). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.
|Date of purchase:||19 December 2022|
|Aggregate number of ordinary shares purchased:||20,000|
|Lowest price paid per share:||£ 47.7300|
|Highest price paid per share:||£ 48.1400|
|Average price paid per share:||£ 47.8962|
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 175,699,706 ordinary shares in issue (excluding 7,506,782 held in treasury, following a transfer of 650,000 ordinary shares from the Company’s treasury account to the Trustees of InterContinental Hotels Group Employee Share Ownership Trust for no consideration on 19 December 2022).
A full breakdown of the individual purchases by GSI is included below.
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: Amy Shields (+44 (0)7881 035 550); Dan Winter (+44 (0)7423 793 352)
Schedule of Purchases
Shares purchased: 20,000 (ISIN: GB00BHJYC057)
Date of purchases: 19 December 2022
Investment firm: GSI
London Stock Exchange
Number of ordinary shares purchased
Highest price paid (per ordinary share)
Lowest price paid (per ordinary share)
Volume weighted average price paid(per ordinary share)
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SOURCE: InterContinental Hotels Group PLC
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