2nd Mar 2015 17:15
LONDON (Alliance News) - InterContinental Hotels Group PLC Monday said a group of senior executives sold shares in the company on Friday.
Chief Executive Officer Richard Solomons sold 47,617 shares at a price of GBP26.39 per share.
The sale is worth about GBP1.3 million gross.
Following this transaction, Solomons holds 595,689 shares.
The company also said Angela Brav, a divisional chief executive, sold 10,573 shares at the same price and now holds 124,260 shares.
Jan Smits, also a divisional chief executive, sold 21,877 and 11,336 shares at GBP26.39 and GBP26.50 each respectively. He now holds 124,665 shares in total.
Shares in the hotel operator closed up 1.0% at 2,677.56 pence Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2015 Alliance News Limited. All Rights Reserved.
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