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 17 March 2006
InterContinental Hotels Group PLC
(Registrant's name)
67 Alma Road, Windsor, Berkshire, SL4 3HD, England
(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
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable
EXHIBIT INDEX
Exhibit Number | Exhibit Description | ||||
99.1 |
Transaction in Own Shares dated 03 March 2006 | ||||
99.2 | Director/PDMR Shareholding dated 06 March 2006 | ||||
99.3 | Transaction in Own Shares dated 06 March 2006 | ||||
99.4 | Director/PDMR Shareholding dated 07 March 2006 | ||||
99.5 | Transaction in Own Shares dated 07 March 2006 | ||||
99.6 | Director/PDMR Shareholding dated 08 March 2006 | ||||
99.7 | Director/PDMR Shareholding dated 09 March 2006 | ||||
99.8 | Director/PDMR Shareholding dated 09 March 2006 | ||||
99.9 | Transaction in Own Shares dated 10 March 2006 | ||||
99.10 | Sale of European Hotels dated 13 March 2006 | ||||
99.11 | Director/PDMR Shareholding dated 13 March 2006 | ||||
99.12 | Director/PDMR Shareholding dated 13 March 2006 | ||||
99.13 | Transaction in Own Shares dated 13 March 2006 | ||||
99.14 | Holding(s) in Company dated 14 March 2006 | ||||
99.15 | Transaction in Own Shares dated 14 March 2006 | ||||
99.16 | Transaction in Own Shares dated 15 March 2006 | ||||
99.17 | Transaction in Own Shares dated 16 March 2006 |
99.1
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 280,000 of its ordinary shares at a price of 854.7656p per share. END
99.2
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer InterContinental Hotels Group PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (i) a transaction notified in accordance with DR 3.1.4R(1)(a) 3. Name of person discharging managerial responsibilities Richard Winter 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Richard Winter 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares 10 pence ordinary shares 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them Richard Winter 8 State the nature of the transaction Exercise of Executive Share options and sale of shares 9. Number of shares, debentures or financial instruments relating to shares acquired Exercise of options over 183,990 IHG ordinary shares at a weighted average option price of £3.2229 per share 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) Negligible 11. Number of shares, debentures or financial instruments relating to shares disposed Sold 183,990 IHG ordinary shares 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 13. Price per share or value of transaction Exercise of options over 183,990 IHG ordinary shares at a weighted average option price of £3.2229 per share Sold 183,990 IHG ordinary shares at a price of £8.502224 14. Date and place of transaction 3 March 2006 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 5,983 ordinary shares (Negligible percentage holding) 16. Date issuer informed of transaction 3 March 2006 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17 Date of grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved (class and number) N/A 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise N/A 22. Total number of shares or debentures over which options held following notification N/A 23. Any additional information N/A 24. Name of contact and telephone number for queries Catherine Engmann 01753 410 243 Name and signature of duly authorised officer of issuer responsible for making notification Catherine Engmann 01753 410 243 Date of notification 6 March 2006 END
99.3
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 240,000 of its ordinary shares at a price of 859.7043p per share. END
99.4
InterContinental Hotels Group PLC Technical Interest of Directors and Persons Discharging Managerial Responsibility in Employee Share Ownership Trust (Jersey) Following a release of shares to participants (not Directors) under the Executive Share Option Plan on 3 March 2006, InterContinental Hotels Group PLC confirms that the new total holding of the InterContinental Hotels Group PLC Employee Share Ownership Trust (Jersey) as detailed below: Number of shares/amount of stock disposed - 206,617 Total holding in the Trust following this notification - 2,299,540 Ordinary shares The following directors and persons discharging managerial responsibility, who are among the potential beneficiaries of the ESOT- Andrew Cosslett, Richard Hartman, Stevan Porter, Richard Solomons, Tom Conophy, Peter Gowers, Tracy Robbins and Richard Winter- are technically deemed to be interested in those shares. END
99.5
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 250,000 of its ordinary shares at a price of 846.88p per share. END
99.6
8 March 2006 INTERCONTINENTAL HOTELS GROUP PLC Notification of transactions of directors, persons discharging managerial responsibility or connected persons In respect of the conditional rights over InterContinental Hotels Group PLC ("Company") ordinary shares awarded to a number of participants the Company's Performance Restricted Share Plan ("PRSP"), the Company was notified on 7 March 2006 that the following numbers of shares were transferred from the Company's Employee Share Ownership Trust ("ESOT") to the following directors and other persons discharging managerial responsibility on 6 March 2006: Director Number of shares transferred Andrew Cosslett 17,225 Richard Hartman 50,058 Stevan Porter 48,367 Richard Solomons 41,705 Other Persons Discharging Managerial Responsibility Peter Gowers 28,597 Richard Winter 31,577 The awards are based on performance to 31 December 2005 and relate to the Company's total shareholder return against a group of 11 other comparator companies and growth in return on capital employed. The Company finished in fifth place in the TSR group and achieved ROCE growth of 46%. Accordingly, 42.8% of the maximum potential award vested on 3 March 2006, in accordance with the rules of the Plan. The share numbers shown above are net of income tax liabilities. Following the release of the shares to participants, the Employee Share Ownership Trust will hold 1,486,505 IHG PLC shares. The following directors and persons discharging managerial responsibility, who are among the potential beneficiaries of the ESOT- Andrew Cosslett, Richard Hartman, Stevan Porter, Richard Solomons, Tom Conophy, Peter Gowers, Tracy Robbins and Richard Winter- are technically deemed to be interested in those shares. ---------------Ends-------------- Name of Contact for this RNS Announcement: Catherine Engmann Tel: 01753 410 243 Company Secretariat InterContinental Hotels Group PLC END
99.7
9 March 2006 InterContinental Hotels Group PLC ("IHG PLC or the Company") Directors' Interests in Shares The following Directors and other persons discharging managerial responsibility have been awarded conditional rights over the numbers of ordinary IHG PLC shares shown below under the Company's Short Term Deferred Incentive Plan ("the Plan"). The Awards were made on 8th March 2006. Director Number of IHG shares awarded Andrew Cosslett 105,276 Richard Hartman 64,518 Stevan Porter 67,557 Richard Solomons 67,296 Other Persons Discharging Managerial Responsibility Peter Gowers 45,510 Richard Winter 49,560 Under the terms of the Plan, participants are normally paid their annual performance bonus in IHG PLC shares ("bonus shares"), deferred over a three year period. The shares will normally be released in equal amounts on the first, second and third anniversary of the award date, and are conditional on the directors' continued employment with the Group until each release date. The above figures include matching shares awarded by the Company of 0.5 times the deferred amount, in accordance with the terms of the Plan. Following the award of shares to participants, the Employee Share Ownership Trust will hold 1,188,269 IHG PLC shares. The following directors and persons discharging managerial responsibility, who are among the potential beneficiaries of the ESOT- Andrew Cosslett, Richard Hartman, Stevan Porter, Richard Solomons, Tom Conophy, Peter Gowers, Tracy Robbins and Richard Winter- are technically deemed to be interested in those shares. ---------------Ends-------------- Name of Contact for this RNS Announcement: Catherine Engmann Tel: 01753 410 243 Company Secretariat InterContinental Hotels Group PLC END
99.8
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer Intercontinental Hotels Group PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) A transaction notified In accordance With Dr 3.1.4r(1)(a) 3. Name of person discharging managerial responsibilities/director Tom Conophy, Chief Information Officer (Person Discharging Managerial Responsibility) 4. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Personal Interest 5. State the nature of the transaction Award of shares under the terms of the Intercontinental Hotels group PLC Short Term Deferred Incentive Plan 6. Date issuer informed of transaction 8 March 2006 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 7. Date of Award 8 March 2006 8. Period during which or date on which it can be exercised Shares will vest between 1 April 2007 and 1 April 2008. 9. Total amount paid (if any) for grant of the option N/A 10. Description of shares or debentures involved (class and number) 85,846 ten pence ordinary shares 11. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise Nil cost awards 12. Total number of shares or debentures over which awards held following notification 85,846 13. Name of contact and telephone number for queries Catherine Engmann, 01753 410 243 14. Name and signature of duly authorised officer of issuer responsible for making notification Catherine Springett, 01753 410 242 15. Date of notification 9 March 2006 END
99.9
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 400,000 of its ordinary shares at a price of 830.94p per share. END
99.10
13 March 2006 INTERCONTINENTAL HOTELS GROUP SALE OF 24 HOTELS IN CONTINENTAL EUROPE FOR 352MILLION (£240m) InterContinental Hotels Group PLC ("IHG") today announces it has sold a portfolio of 24 hotels (4,903 rooms) to a subsidiary of Westbridge Hospitality Fund LP ("Westbridge"). Westbridge is a hospitality investment fund managed by Westmont Hospitality, one of IHG's largest franchisees. The portfolio has been sold for 352m (approximately £240m), marginally above net asset value. Proceeds to IHG in cash and debt assumption are 345.2m (before transaction costs), with the balance of 6.8m relating to third party minority interests. The hotels have been sold to Westbridge with 15 year franchise contracts. Normalised franchise fees are expected to be approximately 4m per annum. The hotels are located in Continental Europe and operate under the Crowne Plaza, Holiday Inn, and Express by Holiday Inn brands. The transaction is expected to complete in the second quarter of 2006. The hotels generated revenues of 140m, EBITDA of 28m and EBIT of 11m in 2005. These disposals represent a continuation of IHG's strategy to grow its managed and franchised business and reduce asset ownership. Since separation in April 2003, IHG has disposed of, or is in the process of disposing of, 175 hotels with a net asset value of more than £2.8bn. Aggregate proceeds received to date have been above net asset value. IHG has announced the return of £2.75bn to shareholders, of which £2.0bn has already been completed. Proceeds received from the disposal will be used for investment, returns to shareholders, or managing IHG's debt position. Andrew Cosslett, Chief Executive of IHG, commented: "This deal is another significant step in the transformation of IHG. As we focus on managing and franchising hotels, it is essential that we continue to develop our relationships with key partners on a global basis. Westmont Hospitality is one of IHG's largest franchisees, and we are delighted to extend our strong relationship with them." For further information, please contact: Investor Relations (Gavin Flynn, Paul Edgecliffe-Johnson): +44 (0) 1753 410 176 +44 (0) 7808 098 972 Media Enquiries (Leslie McGibbon): +44 (0) 1753 410 425 +44 (0) 7808 094 471 Note to Editors: InterContinental Hotels Group PLC of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, over 3,600 hotels and 537,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel IndigoTM, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards. InterContinental Hotels Group offers information and online reservations for all its hotel brands at www.ichotelsgroup.com and information for the Priority Club Rewards programme at www.priorityclub.com. For the latest news from InterContinental Hotels Group, visit our online Press Office at www.ihgplc.com/media. High resolution images to accompany this announcement are available for the media to download free of charge from www.vismedia.co.uk . This includes profile shots of the key executives. Transaction details: 1. The purchasing entity is Cooperatie Westbridge Europe 1 U.A. 2. The net asset value of the assets sold was 327m. 3. No material tax charge arises as a result of the transaction. 4. The assets have been sold on a 15x post fee EBITDA multiple. Disposals announced today: ----------------------------------------------------------------------------------- 2005 m Revenue 140 EBITDA 28 EBIT 11 ----------------------------------------------------------------------------------- Hotel Rooms ----------------------------------------------------------------------------------- Crowne Plaza Amsterdam Schiphol 242 ----------------------------------------------------------------------------------- Crowne Plaza Antwerp 262 ----------------------------------------------------------------------------------- Crowne Plaza Brussels Airport 315 ----------------------------------------------------------------------------------- Crowne Plaza Hamburg 285 ----------------------------------------------------------------------------------- Crowne Plaza Heidelberg 232 ----------------------------------------------------------------------------------- Holiday Inn Amsterdam 256 ----------------------------------------------------------------------------------- Holiday Inn Bologna City 162 ----------------------------------------------------------------------------------- Holiday Inn Brussels Airport 310 ----------------------------------------------------------------------------------- Holiday Inn Florence 92 ----------------------------------------------------------------------------------- Holiday Inn Hamburg Kielerstrasse 105 ----------------------------------------------------------------------------------- Holiday Inn Milan 119 ----------------------------------------------------------------------------------- Holiday Inn Munich City Centre 580 ----------------------------------------------------------------------------------- Holiday Inn Paris Republic 318 ----------------------------------------------------------------------------------- Holiday Inn Vienna South 174 ----------------------------------------------------------------------------------- Express by Holiday Inn Alicante 120 ----------------------------------------------------------------------------------- Express by Holiday Inn Berlin 251 ----------------------------------------------------------------------------------- Express by Holiday Inn Cologne - Muelheim 107 ----------------------------------------------------------------------------------- Express by Holiday Inn Dortmund 107 ----------------------------------------------------------------------------------- Express by Holiday Inn Dusseldorf 150 ----------------------------------------------------------------------------------- Express by Holiday Inn Frankfurt Airport 186 ----------------------------------------------------------------------------------- Express by Holiday Inn Frankfurt Messe 175 ----------------------------------------------------------------------------------- Express by Holiday Inn Munich 120 ----------------------------------------------------------------------------------- Express by Holiday Inn Troisdorf 110 ----------------------------------------------------------------------------------- Express by Holiday Inn Valencia San Luis 125 ----------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- Total 4,903 ----------------------------------------------------------------------------------- END
99.11
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer Intercontinental Hotels Group PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) A transaction notified In accordance With Dr 3.1.4r(1)(a) 3. Name of person discharging managerial responsibilities Jonathan Linen (Non-Executive Board Director) 4. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Personal Interest 5. State the nature of the transaction Private purchase of shares 6. Date issuer informed of transaction 10 March 2006 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 7. Date of Award N/A 8. Period during which or date on which it can be exercised N/A 9. Total amount paid (if any) for grant of the option N/A 10. Description of shares or debentures involved (class and number) 10,000 ADRs purchased at $14.4531 per share 11. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise N/A 12. Total number of shares or debentures over which awards held following notification 10,000 ADRs 13. Name of contact and telephone number for queries Catherine Engmann, 01753 410 243 14. Name and signature of duly authorised officer of issuer responsible for making notification Catherine Springett, 01753 410 242 15. Date of notification 13 March 2006 END
99.12
InterContinental Hotels Group PLC Technical Interest of Directors and Persons Discharging Managerial Responsibility in Employee Share Ownership Trust (Jersey) Following a purchase of shares on 9 March 2006, InterContinental Hotels Group PLC confirms that the new total holding of the InterContinental Hotels Group PLC Employee Share Ownership Trust (Jersey) as detailed below: Number of shares/amount of stock purchased: 945,000 Currency and price: £8.333592 per share Total holding in the Trust following this notification: 2,431,505 Ordinary shares The following directors and persons discharging managerial responsibility, who are among the potential beneficiaries of the ESOT- Andrew Cosslett, Richard Hartman, Stevan Porter, Richard Solomons, Tom Conophy, Peter Gowers, Tracy Robbins and Richard Winter- are technically deemed to be interested in those shares. END
99.13
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 320,000 of its ordinary shares at a price of 861.07p per share. END
99.14
SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company InterContinental Hotels Group PLC 2) Name of shareholder having a major interest Lehman Brothers International (Europe) 3) Please state whether notification indicates that it is in respect of holding of the shareholder names in 2 above or in respect of a non beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Beneficial interest 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them 13,349,016 5) Number of shares/amount of stock acquired N/A 6) Percentage of issued class N/A 7) Number of shares/amount of stock disposed N/A 8) Percentage of issued class N/A 9) Class of security Ordinary shares of 10p each 10) Date of transaction 8 March 2006 11) Date company informed 13 March 2006 12) Total holding following this notification 13,349,016 13) Total percentage holding of issued class following this notification 3.08% 14) Any additional information N/A 15) Name of contact and telephone number for queries Liz Searle 01753 410 246 16) Name and signature of authorised company official responsible for making this notification Liz Searle 17) Date of notification 14 March 2006 END
99.15
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 300,000 of its ordinary shares at a price of 858.94p per share.
99.16
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 250,000 of its ordinary shares at a price of 865.28p per share. END
99.17
Intercontinental Hotels Group plc: Purchase of Own Shares Intercontinental Hotels Group plc announces that today it purchased for cancellation 280,000 of its ordinary shares at a price of 877.99p per share. END
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. Cox | |
Name: | C. COX | |
Title: | COMPANY SECRETARIAL OFFICER | |
Date: | 17 March 2006 | |