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REG - Interco. Hotels Grp - Director/PDMR Shareholding

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RNS Number : 8904T  InterContinental Hotels Group PLC  20 February 2026

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

InterContinental Hotels Group PLC (the "Company") has been notified that on
18 February 2026, the following shares were allocated, pursuant to the
vesting of shares under the Company's Deferred Award Plan for the 2023/25
cycle, following adjustments for tax and social security withholdings, to the
following PDMRs:

 Name of PDMR         Number of shares
 Elie Maalouf         36,707
 Michael Glover       14,345
 Daniel Aylmer        2,958
 Heather Balsley*     6,117
 Jolyon Bulley        13,193
 Yasmin Diamond*      5,992
 Jolie Fleming        3,830
 Nicolette Henfrey*   7,006
 Tejas Katre          2,416
 Kenneth Macpherson*  8,412

*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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  36,707

 

 d)   Aggregated information

      - Aggregated volume                                          36,707

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

36,707

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

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): 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  14,345

 

 d)   Aggregated information

      - Aggregated volume                                          14,345

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

14,345

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Daniel Aylmer

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer, Greater China

 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  2,958

 

 d)   Aggregated information

      - Aggregated volume                                          2,958

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

2,958

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Heather Balsley

 2    Reason for the notification

 a)   Position/status                                              Chief Commercial & Marketing 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  6,117

 

 d)   Aggregated information

      - Aggregated volume                                          6,117

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

6,117

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jolyon Bulley

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer, Americas

 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  13,193

 

 d)   Aggregated information

      - Aggregated volume                                          13,193

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

13,193

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Yasmin Diamond

 2    Reason for the notification

 a)   Position/status                                              Executive Vice President, Global Corporate Affairs

 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  5,992

 

 d)   Aggregated information

      - Aggregated volume                                          5,992

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

5,992

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jolie Fleming

 2    Reason for the notification

 a)   Position/status                                              Chief Product & Technology 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  3,830

 

 d)   Aggregated information

      - Aggregated volume                                          3,830

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

3,830

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nicolette Henfrey

 2    Reason for the notification

 a)   Position/status                                              Executive Vice President, General Counsel & Company Secretary

 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  7,006

 

 d)   Aggregated information

      - Aggregated volume                                          7,006

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

7,006

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Tejas Katre

 2    Reason for the notification

 a)   Position/status                                              Chief Human Resources 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  2,416

 

 d)   Aggregated information

      - Aggregated volume                                          2,416

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

2,416

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kenneth Macpherson

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer, Europe, Middle East, Asia and Africa

 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

                                                            Deferred Award Plan for the 2023/25 cycle, following adjustments for tax and
                                                                   social security withholdings

 c)   Price(s) and volume(s)

Price(s)           Volume(s)

                                                                   Nil consideration  8,412

 

 d)   Aggregated information

      - Aggregated volume                                          8,412

      - Price                                                      Nil consideration

      - Aggregated total                                           Nil consideration

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

8,412

 

Nil consideration

 

Nil consideration

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

Outside a trading venue

 

The Company has been notified that on 18 February 2026, the following number
of shares were sold upon vesting of the Company's Deferred Award Plan for the
2023/25 cycle, following adjustments for tax and social security withholdings,
by the following PDMRs:

 Name of PDMR        Number of shares sold
 Heather Balsley     6,117
 Yasmin Diamond      5,992
 Nicolette Henfrey   7,006
 Kenneth Macpherson  8,412

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Heather Balsley

 2    Reason for the notification

 a)   Position/status                                              Chief Commercial & Marketing 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                                    Disposal

 c)   Price(s) and volume(s)

Price(s)     Volume(s)

                                                                   $144.337292  6,117

 

 d)   Aggregated information

      - Aggregated volume                                          6,117

      - Price                                                      $144.337292

      - Aggregated total                                           $882,911.22

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     XLON

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

6,117

 

$144.337292

 

$882,911.22

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

XLON

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Yasmin Diamond

 2    Reason for the notification

 a)   Position/status                                              Executive Vice President, Global Corporate Affairs

 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                                    Disposal

 c)   Price(s) and volume(s)

Price(s)     Volume(s)

                                                                   $144.337292  5,992

 

 d)   Aggregated information

      - Aggregated volume                                          5,992

      - Price                                                      $144.337292

      - Aggregated total                                           $864,869.05

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     XLON

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

5,992

 

$144.337292

 

$864,869.05

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

XLON

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nicolette Henfrey

 2    Reason for the notification

 a)   Position/status                                              Executive Vice President, General Counsel & Company Secretary

 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                                    Disposal

 c)   Price(s) and volume(s)                                       Price(s)     Volume(s)

                                                            $144.337292  7,006

 

 d)   Aggregated information

      - Aggregated volume                                          7,006

      - Price                                                      $144.337292

      - Aggregated total                                           $1,011,227.07

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     XLON

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

7,006

 

$144.337292

 

$1,011,227.07

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

XLON

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kenneth Macpherson

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer, Europe, Middle East, Asia and Africa

 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                                    Disposal

 c)   Price(s) and volume(s)

Price(s)     Volume(s)

                                                                   $144.337292  8,412

 

 d)   Aggregated information

      - Aggregated volume                                          8,412

      - Price                                                      $144.337292

      - Aggregated total                                           $1,214,165.30

 e)   Date of the transaction                                      2026-02-18

 f)   Place of the transaction                                     XLON

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

8,412

 

$144.337292

 

$1,214,165.30

 

e)

 

Date of the transaction

 

2026-02-18

f)

 

Place of the transaction

 

XLON

 

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