ESOPMay 14, 2026, 08:37 AM
InterContinental Hotels Group Grants 215,714 Share Awards to PDMRs
AI Summary
InterContinental Hotels Group PLC announced the grant of 215,714 share awards to its Persons Discharging Managerial Responsibility (PDMRs) on May 13, 2026. These awards were made under the Company's Deferred Award Plan for the 2026-2028 cycle. The awards, calculated using a reference share price of $148.55, are conditional and will vest after the announcement of the Company's financial results for the year ending December 31, 2028. Notably, CEO Elie Maalouf received 97,556 shares and CFO Michael Glover received 37,210 shares, both subject to an additional two-year post-vest holding period.
Key Highlights
- InterContinental Hotels Group granted 215,714 share awards to PDMRs under the 2026-2028 Deferred Award Plan.
- CEO Elie Maalouf received 97,556 share awards.
- CFO Michael Glover received 37,210 share awards.
- Awards were calculated based on a reference price of $148.55 per share.
- Awards will vest after the announcement of the Company's 2028 financial year results, subject to conditions.
- Elie Maalouf and Michael Glover's awards include a two-year post-vest holding period.
- Other PDMRs received awards ranging from 6,969 to 16,549 shares.
Price Impact
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