InterContinental Hotels Group (NYSE: IHG) shifts LSE trading to USD currency
Rhea-AI Filing Summary
InterContinental Hotels Group PLC will change the currency in which its Ordinary Shares trade on the London Stock Exchange from British pounds (GBP) to US dollars (USD), effective from 8.00am London time on 2 January 2026. The shares’ nominal value will still be denominated in GBP, and the change will not affect the company’s London listing in any other way or its ADR listing in New York.
Dividend payments for UK-based private individual registered shareholders will continue to be made in GBP, but from January 2026 these shareholders may elect to receive dividends in USD through IHG’s registrar, Equiniti, or via the CREST dividend election process for shares held in CREST, provided a USD CREST Memorandum Account has been enabled.
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FAQ
What change is InterContinental Hotels Group (IHG) making to its London share trading?
InterContinental Hotels Group PLC is changing the currency in which its Ordinary Shares trade on the London Stock Exchange from British pounds (GBP) to US dollars (USD).
When will IHG's Ordinary Shares begin trading in USD on the London Stock Exchange?
IHG’s Ordinary Shares are expected to start trading in US dollars (USD) on the London Stock Exchange from 8.00am (London time) on 2 January 2026.
Does the trading currency change affect the nominal currency of IHG shares or its ADR listing?
No. The nominal currency of IHG’s shares will remain GBP, and the change has no impact on IHG’s ADR listing in New York or its London listing in any other way.
How will dividend payments work for UK-based private individual shareholders of IHG after the change?
For UK-based private individual registered shareholders, dividend payments will still be made in GBP. From January 2026, they may instead elect to receive their dividends in USD.
How can IHG shareholders elect to receive dividend payments in USD?
Registered shareholders can make a USD election through IHG’s share registrar, Equiniti. For shares held in CREST, a USD election can be made using the CREST dividend election process, and CREST participants must ensure a USD CREST Memorandum Account has been enabled.
How large is InterContinental Hotels Group's global hotel network?
IHG has a family of 20 hotel brands, more than one million rooms across about 6,800 open hotels in over 100 countries, a development pipeline of more than 2,300 properties, and over 145 million IHG One Rewards members.