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 05 May 2023
 
 
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
 
Result of AGM dated 05 May 2023
 
 
 
 
 
 
 
Exhibit No: 99.1
 
 
INTERCONTINENTAL HOTELS GROUP PLC
 
Results of 2023 Annual General Meeting
 
The Annual General Meeting of InterContinental Hotels Group PLC was held on Friday 5 May 2023.
 
All resolutions set out in the Notice of Meeting were duly passed by way of a poll.  The number of votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows:
 
RESOLUTION
VOTES FOR
%
VOTES AGAINST
%
TOTAL VOTES
% of ISC
VOTES WITHHELD
1
Report and Accounts 2022
139,307,002
99.99
11,249
0.01
139,318,251
81.03%
542,818
2
Directors' Remuneration Policy
103,155,928
74.85
34,661,408
25.15
137,817,336
80.16%
2,043,591
3
Directors' Remuneration Report 2022
103,932,823
76.94
31,147,109
23.06
135,079,932
78.57%
4,780,994
4
Declaration of final dividend
139,819,948
100
2,455
0.00
139,822,403
81.33%
38,666
5(a)
Election of Michael Glover as a Director
139,753,265
99.96
62,019
0.04
139,815,284
81.32%
45,785
5(b)
Election of Byron Grote as a Director
132,409,424
94.71
7,402,985
5.29
139,812,409
81.32%
48,658
5(c)
Election of Deanna Oppenheimer as a Director
133,430,934
95.44
6,381,526
4.56
139,812,460
81.32%
48,608
5(d)
Re-election of Graham Allan as a Director
136,024,914
97.29
3,788,504
2.71
139,813,418
81.32%
47,651
5(e)
Re-election of Keith Barr as a Director
139,792,457
99.98
23,538
0.02
139,815,995
81.32%
45,074
5(f)
Re-election of Daniela Barone Soares as a Director
138,774,623
99.26
1,038,016
0.74
139,812,639
81.32%
48,430
5(g)
Re-election of Arthur de Haast as a Director
139,786,319
99.98
26,253
0.02
139,812,572
81.32%
48,497
5(h)
Re-election of Duriya Farooqui as a Director
139,541,235
99.81
271,407
0.19
139,812,642
81.32%
48,427
5(i)
Re-election of Jo Harlow as a Director
132,320,376
96.56
4,720,631
3.44
137,041,007
79.71%
2,820,061
5(j)
Re-election of Elie Maalouf as a Director
139,705,375
99.92
110,330
0.08
139,815,705
81.32%
45,363
5(k)
Re-election of Sharon Rothstein as a Director
139,557,460
99.82
256,271
0.18
139,813,731
81.32%
47,338
6
Re-appointment of Auditor
139,375,662
99.68
446,765
0.32
139,822,427
81.33%
38,642
7
Remuneration of Auditor
139,785,416
99.98
33,445
0.02
139,818,861
81.33%
42,064
8
Political Donations
136,302,997
97.50
3,495,090
2.50
139,798,087
81.31%
62,982
9
Adoption of new Deferred Award Plan rules
137,687,130
98.49
2,113,639
1.51
139,800,769
81.32%
60,299
10
Allotment of shares
133,330,227
95.36
6,489,694
4.64
139,819,921
81.33%
41,146
11
Disapplication of pre-emption rights
135,593,110
96.99
4,201,546
3.01
139,794,656
81.31%
66,267
12
Further disapplication of pre-emption rights
130,569,021
93.68
8,809,952
6.32
139,378,973
81.07%
482,094
13
Authority to purchase own shares
139,261,984
99.61
549,422
0.39
139,811,406
81.32%
49,663
14
Notice of General Meetings
131,432,772
94.00
8,386,366
6.00
139,819,138
81.33%
41,930
  
The Board notes that 25.15% of shareholders voted against the Directors' Remuneration Policy (DRP) (Resolution 2) and 23.06% against the 2022 Directors' Remuneration Report (DRR) (Resolution 3).
 
The Remuneration Committee Chair's statement accompanying the DRP contained the background and rationale for the updates to the DRP. The DRR included a detailed narrative on the Remuneration Committee reasoning and considerations in the determination of the 2022 Executive Director pay outcomes.
 
The Board recognises that there exists a range of views across the shareholder base in relation to the approach to Executive Director pay.
 
In late 2022 and early 2023, the Remuneration Committee consulted extensively with shareholders and the major proxy agencies on the key features of the DRP and the decisions in relation to 2022 pay outcomes. The consultation included engaging with around 60% of the ownership of the Company. All of IHG's 10 largest shareholders voted in support of the DRP; of IHG's 25 largest holders, there were only 3 who voted against.
 
The Board will engage further with ISS and shareholders who voted against these resolutions in the coming months in accordance with the UK Corporate Governance Code. As part of this process, the Board will seek to understand more about the reasons behind the ISS recommendation and shareholder votes against the DRP and DRR. An update will be provided within six months of the 2023 Annual General Meeting.
 
Notes:
 
1.   The 'For' vote includes those giving the Chair discretion.
 
2.   Votes 'Withheld' are not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.
 
3.   Resolutions 11 to 14 are special resolutions.
 
4.   IHG's total issued share capital consists of 179,431,083 ordinary shares of 20 340/399 pence each, of which 7,506,782 ordinary shares are held in treasury. The total number of voting rights in the Company is 171,924,301.
 
5.   Copies of the resolutions passed, other than resolutions concerning ordinary business, will be submitted to the UK Listing Authority via the National Storage Mechanism and will be available in due course for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
 
Unless otherwise defined herein, terms used in this announcement shall have the meaning given to them in the Notice of Meeting.
 
For further information, please contact:
 
Investor Relations:
Stuart Ford (+44 (0)7823 828 739); Aleksandar Milenkovic (+44 (0)7469 905 720); Joe Simpson (+44 (0)7976 862 072)
 
Media Relations:
Amy Shields (+44 (0)7881 035 550); Alex O'Neil (+44 (0)7407 798 576)
 
 
About IHG Hotels & Resorts
 
About IHG Hotels & Resorts:
IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.
 
With a family of 18 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in more than 100 countries, and more than 1,900 in the development pipeline.
 
-     Luxury & Lifestyle: Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo
-     Premium: voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels
-     Essentials: Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels
-     Suites: Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites
-     Exclusive Partners: Iberostar Beachfront Resorts
 
InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 345,000 people work across IHG's hotels and corporate offices globally.
 
Visit us online for more about our hotels and reservations and IHG One Rewards. To download the new IHG One Rewards app, visit the Apple App or Google Play stores.
 
For our latest news, visit our Newsroom and follow us on LinkedIn, Facebook and Twitter.
 
 
 
 
 
 
 
 
 
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.
 
 
 
InterContinental Hotels Group PLC
 
 
(Registrant)
 
 
 
 
By:
/s/ C. Lindsay
 
Name:
C. LINDSAY
 
Title:
ASSISTANT COMPANY SECRETARY
 
 
 
 
Date:
05 May 2023
 
 
 
 
 
Intercontinental Hotels (PK) (USOTC:ICHGF)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Intercontinental Hotels (PK) Charts.
Intercontinental Hotels (PK) (USOTC:ICHGF)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Intercontinental Hotels (PK) Charts.