Business
Supplemental information re the interim dividend
Supplemental information re the interim dividend.
About this update from Intercontinental Hotels Group Plc
[{"type":"text","content":"\n\nInterContinental Hotels Group PLC\nSupplemental information regarding the interim dividend\n14 August 2024\n \nThis announcement supplements InterContinental Hotels Group PLC's Half Year Results to 30 June 2024 announced at 07:00 on 6 August 2024 and sets forth below the information relating to the interim dividend previously contained in the full text of the 6 August announcement, the content of which is unchanged. \n \nInterContinental Hotels Group PLC's Half Year Results to 30 June 2024 announcement is available at http://www.rns-pdf.londonstockexchange.com/rns/2649Z_1-2024-8-5.pdf.\n \nThe Half Year Results announcement, together with accompanying materials, is also available on the IHG PLC website www.ihgplc.com/en/investors/results-and-presentations and the results announcement has also been submitted in full unedited text to the Financial Conduct Authority's National Storage Mechanism and is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.\n \nDividend\nOn 6 August 2024, the Board announced an interim dividend of 53.2¢, which represents a growth of 10% on the 48.3¢ interim dividend paid in 2023. The ex-dividend date for ordinary shares is Thursday 29 August 2024 and for American Depositary Receipts the ex-dividend date is Friday 30 August 2024. The record date (for both ordinary shares and American Depositary Receipts) is Friday 30 August 2024. The corresponding dividend amount in Pence Sterling per ordinary share will be announced on Thursday 12 September 2024, calculated based on the average of the market exchange rates for the three working days commencing 9 September 2024. The dividend will be paid on Thursday 3 October 2024, resulting in a cash outflow of around $85m. This will result in total dividends paid to shareholders in 2024 amounting to approximately $255m. A Dividend Reinvestment Plan (DRIP) is provided by Equiniti Financial Services Limited. The DRIP enables the Company's shareholders to elect to have their cash dividend payments used to purchase the Company's shares. More information can be found at www.shareview.co.uk/info/drip. The cut-off date and time for the receipt of DRIP elections for the interim dividend referred to above is 10 September 2024 at 5:00pm (UK time).\n \n \nAbout IHG Hotels & Resorts:\n&nbs...