4th Apr 2008 12:35
InterContinental Hotels Group PLC04 April 2008 04 April 2008 INTERCONTINENTAL HOTELS GROUP PLC Share Repurchase Programme InterContinental Hotels Group PLC ("IHG" or the "Company") announces that theCompany has entered into an irrevocable and non-discretionary arrangement withits broker, Merrill Lynch International, to repurchase on its behalf and withincertain pre-set parameters, ordinary shares in the Company for cancellationduring the period commencing on 7 April 2008 and ending on 6 May 2008. Thisarrangement is in accordance with Chapter 12 of the Listing Rules and theCompany's general authority to repurchase shares. ---------------Ends-------------- For further information, please contact: Investor Relations (Heather Wood; Catherine Dolton): +44 (0)1753 410 176Media Affairs (Leslie McGibbon; Claire Williams): +44 (0)1753 410 425 Notes to Editors: InterContinental Hotels Group PLC (IHG) of the United Kingdom (LON:IHG, NYSE:IHG(ADRs)) is the world's largest hotel group by number of rooms. IHG owns,manages, leases or franchises, through various subsidiaries, over 3,900 hotelsand more than 585,000 guest rooms in nearly 100 countries and territories aroundthe world. IHG owns a portfolio of well recognised and respected hotel brandsincluding InterContinental(R) Hotels & Resorts, Crowne Plaza(R) Hotels &Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express(R), StaybridgeSuites(R), Candlewood Suites(R) and Hotel Indigo(R), and also manages theworld's largest hotel loyalty programme, Priority Club(R) Rewards with over 37million members worldwide. The company pioneered the travel industry's first collaborative response toenvironmental issues as founder of the International Hotels and EnvironmentInitiative (IHEI). The IHEI formed the foundations of the Tourism Partnershiplaunched by the International Business Leaders Forum in 2004, of which IHG isstill a member today. The environment and local communities remain at the heartof IHG's global corporate responsibility focus. IHG offers information and online reservations for all its hotel brands atwww.ihg.com and information for the Priority Club Rewards programme atwww.priorityclub.com. For the latest news from IHG, visit our online Press Office at www.ihg.com/media. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
InterContinental Hotels