24th Jun 2005 11:45
InterContinental Hotels Group PLC24 June 2005 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO AUSTRALIA, CANADA OR JAPAN INTERCONTINENTAL HOTELS GROUP PLC 24 JUNE 2005 IHG Block Listing Application In light of the proposed scheme of arrangement between InterContinental HotelsGroup PLC ("IHG") and its shareholders under section 425 of the Companies Act1985, the outstanding block listings of IHG are proposed to be cancelled on 27June 2005. Application has been made to the UK Listing Authority and the London StockExchange for 1,892,720 ordinary shares of New InterContinental Hotels Group PLC("New IHG") to be block listed. The block listing consists of 122,980 ordinaryshares that may be issued under the New InterContinental Hotels Group ExecutiveShare Option Plan and 1,769,740 ordinary shares that may be issued under the NewInterContinental Hotels Group Sharesave Plan. New IHG is expected to be renamed as InterContinental Hotels Group PLC witheffect from 27 June 2005. The names of the two block listing schemes are alsoexpected to change to reflect the change of company name. Citigroup Global Markets Limited is acting for IHG and New IHG and no-one elsein connection with the transaction and will not be responsible to anyone otherthan IHG or New IHG for providing the protections afforded to its clients or forproviding advice in relation to the transaction or the contents of thisannouncement. This announcement does not constitute an offer or invitation to purchasesecurities. Securities may not be offered or sold in the United States unless they areregistered under the U.S. Securities Act of 1933, as amended (the "SecuritiesAct") or exempt from such registration. The new ordinary shares have not been,nor will be, and are not required to be registered with the US Securities andExchange Commission under the Securities Act in reliance on the exemption fromthe registration requirements of the Securities Act provided by Section 3(a)(10)thereof. US shareholders who are affiliates of IHG or New IHG beforeimplementation of the Scheme or are affiliates of New IHG after implementationof the Scheme will be subject to timing, manner of sale and volume restrictionson the sale of new ordinary shares received in connection with the Scheme underRule 145(d) of the Securities Act. For further information, please contact InterContinental Hotels Group Media EnquiriesLeslie McGibbon +44 (0) 1753 410 425 +44 (0) 7808 094 471 Investor RelationsGavin Flynn, Paul Edgecliffe-Johnson +44 (0) 1753 410 176 +44 (0) 7808 098 972 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. InterContinentalHotels Group owns, manages, leases or franchises, through various subsidiaries,more than 3,500 hotels and 535,000 guest rooms in nearly 100 countries andterritories around the world. The Group owns a portfolio of well recognised andrespected hotel brands including InterContinental(R) Hotels & Resorts, CrownePlaza(R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, Holiday InnExpress(R), Staybridge Suites(R), Candlewood Suites(R) and Hotel IndigoTM, andalso manages the world's largest hotel loyalty programme, Priority Club(R)Rewards, with more than 24 million members worldwide. In addition to this,InterContinental Hotels Group has a 47.5% interest in Britvic, one of the twoleading manufacturers of soft drinks, by value and volume, in Great Britain. InterContinental Hotels Group offers information and online reservations for allits hotel brands at www.ichotelsgroup.com and information for the Priority ClubRewards programme at www.priorityclub.com. For the latest news from InterContinental Hotels Group, visit our online PressOffice at www.ihgplc.com/media. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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