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 06
November 2020
InterContinental Hotels Group PLC
(Registrant's
name)
Broadwater
Park, Denham, Buckinghamshire, UB9 5HJ, United Kingdom
(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
99.1
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Update
on 2020 Annual General Meeting vote dated 28 October
2020
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99.2
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Total
Voting Rights dated 02 November 2020
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Exhibit
No: 99.1
28 October 2020
InterContinental Hotels Group PLC (IHG)
Update on 2020 Annual General Meeting vote
At the IHG Annual General Meeting (AGM) on 7 May 2020, resolution 2
(Directors' Remuneration Policy) received the support of 77.14% of
shareholder votes, and resolution 8 (increase in the maximum award
limit under the Long Term Incentive Plan) received the support of
77.26% of shareholder votes. The Directors' Remuneration Policy
(the Policy) is on pages 110 to 117 of the Annual Report and Form
20-F 2019:
IHG Annual Report and Form 20-F 2019
Following the AGM, the Board acknowledged that some shareholders
had concerns with the Policy and committed to engaging with
shareholders in relation to this. We offered to engage with
those of our top 25 shareholders who voted against resolutions 2
and 8, and we have now been able to do so with the majority of
those shareholders.
In those discussions we listened to shareholder views and
concerns, and in particular to understand their perspectives
on:
●
the
provision for the increase in maximum LTIP awards (to 350% for
CEO and 275% for other Executive Directors); and
●
the
structure of the post-cessation shareholding requirement for
Executive Directors (100% of minimum shareholding requirement for 6
months, and 50% for 12 months following cessation of
employment).
The Board recognises that there exists a range of views across the
shareholder base in relation to the pay of Executive Directors, and
sought to understand these views through extensive consultation
carried out in relation to the Policy in the months leading up to
the AGM. The Board notes the 77.14% shareholder support received,
and continues to believe that the commercial rationale for the LTIP
maximum award increase is critical to the retention and development
of talent in order to drive the long-term success of the business.
The Board also believes that the structure of the post-cessation
requirement is appropriate for IHG.
The views expressed by shareholders in the most recent round of
consultations following the AGM will be taken into consideration as
the Remuneration Committee continues to keep the Policy under
ongoing review, and as it determines payments and awards to be made
under the terms of the Policy.
In connection with this, the Remuneration Committee confirms that,
as noted in the 2020 Notice of AGM, awards for the 2020/22 LTIP
cycle were made at the previous remuneration policy level of 205%,
rather than at the increased maximum level under the new approved
Policy. This LTIP cycle award is subject to the existing discretion
of the Remuneration Committee to adjust the formulaic outcomes at
vesting to ensure alignment with business results.
The Board and the Remuneration Committee would like to thank
shareholders for their engagement and input in relation to this
Policy and we will continue to engage with shareholders in relation
to executive pay going forward.
For further information please contact:
Investor Relations:
(Stuart Ford, Rakesh
Patel)
+44 (0)1895 512176
+44 (0)7527 419 431
Media Relations:
(Yasmin Diamond, Mark Debenham): +44 (0)1895
512097
+44 (0)7527 424 046
Notes to Editors:
IHG® (InterContinental
Hotels Group) [LON:IHG,
NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of
hotel brands, including Six Senses Hotels
Resorts Spas, Regent
Hotels & Resorts, InterContinental® Hotels
& Resorts, Kimpton® Hotels
& Restaurants, Hotel
Indigo®, EVEN® Hotels, HUALUXE® Hotels
and Resorts, Crowne
Plaza® Hotels
& Resorts, voco™, Holiday
Inn® Hotels
& Resorts , Holiday
Inn Express®, Holiday
Inn Club Vacations®, avid™
hotels, Staybridge
Suites®, Atwell
Suites™,
and Candlewood
Suites®.
IHG franchises, leases, manages or owns nearly 6,000 hotels and
890,000 guest rooms in more than 100 countries, with
approximately 1,900 hotels in its development pipeline. IHG also
manages IHG® Rewards
Club, our global loyalty
programme, which has more than 100 million enrolled
members.
InterContinental Hotels Group PLC is the Group's holding company and is
incorporated in Great Britain and registered in England and Wales.
Approximately 400,000 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: https://www.ihgplc.com/en/news-and-media and
follow us on social media at: https://twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group.
Exhibit
No: 99.2
InterContinental Hotels Group PLC (the "Company")
Total Voting Rights and Capital
In accordance with Disclosure and Transparency Rule 5.6.1, the
Company announces that, as at 31 October 2020, its issued
share capital consists of 187,717,720 ordinary shares of
20 340/399 pence
each, of which 5,061,408 ordinary shares are held in treasury.
Therefore, the total number of voting rights in the Company
is 182,656,312.
The above figure may be used by shareholders as the denominator for
the calculations by which they may determine if they are required
to notify their interest in, or a change to their interest in, the
Company under the Financial Conduct Authority's Disclosure and
Transparency Rules.
Nicolette Henfrey
General Counsel & Company Secretary
For further information, please contact:
Corporate Legal & Secretariat (Nicolette Henfrey): +44 (0)1895
512 000
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.
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InterContinental Hotels Group PLC
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(Registrant)
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By:
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/s/ F. Cuttell
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Name:
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F.
CUTTELL
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Title:
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ASSISTANT
COMPANY SECRETARY
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Date:
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06 November 2020
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