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IN BRIEF: InterContinental Hotels confirms trading currency change

ALN

InterContinental Hotels Group PLC - Windsor, England-based hotel company - Confirms that it has notified the London Stock Exchange that the planned change in its trading currency to US dollars will take effect from the market open on January 2. IHG first announced its intention to change the currency in which its shares are traded in London, from British pounds to USD, in its third-quarter trading update in late October. Says the change does not impact the shares’ nominal currency, which will still be GBP; it does not impact the firm’s London listing in any other way; and has no impact on its ADR listing in New York.

Current stock price: 10,330.00 pence, down 0.4% on Wednesday

12-month change: up 3.9%

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