Holiday Inn 2003 Annual Report Download - page 67

FORWARD-LOOKING STATEMENTS
Both the Annual Review and Summary Financial Statement 2003 and the Annual Report and Financial Statements 2003 contain certain forward-looking statements
as defined under US legislation (Section 21E of the Securities Exchange Act of 1934) with respect to the financial condition, results of operations and business of
InterContinental Hotels Group and certain plans and objectives of the board of directors of InterContinental Hotels Group with respect thereto. Such statements
include, but are not limited to, statements made in the Chairman’s Statement and the Chief Executive’s Review. These forward-looking statements can be identified
by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as ‘anticipate’, ‘target’, ‘expect’, ‘estimate’,
‘intend’, ‘plan’, ‘goal’, ‘believe’, or other words of similar meaning. These statements are based on assumptions and assessments made by InterContinental Hotels
Group’s management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they
believe to be appropriate.
By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty. There are a number of factors that could cause
actual results and developments to differ materially from those expressed in, or implied by, such forward-looking statements, including, but not limited to: events
that impact domestic or international travel; levels of consumer and business spending in major economies where InterContinental Hotels Group does business;
changes in consumer tastes and preferences; levels of marketing and promotional expenditure by InterContinental Hotels Group and its competitors; changes in
the cost and availability of raw materials, key personnel and changes in supplier dynamics; significant fluctuations in exchange rates, interest rates and tax rates;
the availability and effects of future business combinations, acquisitions or dispositions, the impact of legal and regulatory actions or developments; the impact
of the European Economic and Monetary Union; the ability of InterContinental Hotels Group to maintain appropriate levels of insurance; exposures relating to
franchise or management contract operations; the maintenance of InterContinental Hotels Group’s IT structure, including its centralised reservation system; the
development of new and emerging technologies; competition in the markets in which InterContinental Hotels Group operates; political and economic developments
and currency exchange fluctuations; economic recession; management of InterContinental Hotels Group’s indebtedness and capital resource requirements;
material litigation against InterContinental Hotels Group; substantial trading activity in InterContinental Hotels Group shares; the reputation of InterContinental Hotels
Group’s brands; the level of costs associated with leased properties; and the weather.
Other factors that could affect the business and financial results are described in Item 3 Risk Factors as General Risks, Additional Risks relating to Six Continents
Hotels and Additional Risks relating to the Soft Drinks business in the Annual Report of Six Continents PLC on Form 20-F for the financial year ended 30 September
2002, or in any Annual Report of InterContinental Hotels Group PLC on Form 20-F for any subsequent year, filed with the US Securities and Exchange Commission.
Design and production: Corporate Edge www.corporateedge.com Print: Royle Corporate Print 65
as at 31 December 2003
Category of holdings Percentage Percentage
Number of of total Ordinary of issued
shareholders shareholders shares share capital
Private individuals 84,492 91.31 52,757,470 7.14
Nominee companies 6,857 7.41 662,659,580 89.62
Limited and public limited companies 763 0.82 10,970,154 1.48
Other corporate bodies 388 0.42 3,743,620 0.51
Pension funds, insurance companies and banks 36 0.04 9,233,430 1.25
Total 92,536 100 739,364,254 100
Range of holdings Percentage Percentage
Number of of total Ordinary of issued
shareholders shareholders shares share capital
1 – 199 41,474 44.82 3,163,496 0.43
200 – 499 19,956 21.57 6,611,795 0.89
500 – 999 14,384 15.54 10,297,636 1.39
1,000 – 4,999 14,109 15.25 27,470,789 3.72
5,000 – 9,999 1,116 1.21 7,604,583 1.03
10,000 – 49,999 769 0.83 16,465,024 2.23
50,000 – 99,999 193 0.21 14,046,063 1.90
100,000 – 499,999 337 0.36 78,471,466 10.61
500,000 – 999,999 91 0.10 65,505,194 8.86
1,000,000 – highest 107 0.11 509,728,208 68.94
Total 92,536 100 739,364,254 100
SHAREHOLDER PROFILE