Holiday Inn 2007 Annual Report Download - page 36

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34 IHG Annual Report and Financial Statements 2007
Corporate governance continued
Shareholder relations
The Group reports formally to shareholders twice a year
when its half-year and full-year results are announced. The
Chief Executive and the Finance Director give presentations on
these results to institutional investors, analysts and the media.
Telephone dial-in facilities and live audio webcasts enable access
to these presentations for all shareholders. In addition, there
are telephone conferences after the release of the first and
third quarter results. The data used in these presentations
and conferences may be found at www.ihg.com/investors
under financial library/presentations.
IHG also has a programme of meetings throughout the year
with its major institutional shareholders, which provides an
opportunity to discuss, using publicly available information,
the progress of the business, its performance, plans and
objectives. The Chairman, the Senior Independent Director and
other Non-Executive Directors are available to meet with major
shareholders to understand their issues and concerns and to
discuss governance and strategy. Any new Director is available
for meetings with major shareholders as a matter of course.
Additionally, the Annual General Meeting provides a useful
interface with private shareholders, many of whom are also
customers. The Chairmen of the Audit, Remuneration and
Nomination Committees are available at the Annual General
Meeting to answer questions. Information about the Group is
maintained and available to shareholders through the website.
A formal external review of shareholder opinion is presented
to the Board on an annual basis and both the Executive
Committee and the Board receive regular updates on
shareholder relations activities.
Further information
The terms of reference of all the Committees were reviewed
during the year and it was confirmed that they continue to reflect
best practice. Main Committee terms of reference are available
on the Company’s website www.ihg.com/investors under
corporate governance/committees or from the Company
Secretary’s office on request. The terms and conditions of
appointment of Non-Executive Directors are also available
on request.
Richard Winter
Company Secretary
18 February 2008