International Hotel Investments plc - Update on Voluntary Bid Acceptances

On 11 July, International Hotel Investments plc (IHI) announced that shareholders holding an aggregate of 94.28% of the shares in Island Hotels Group Holdings plc (IHGH) have submitted their acceptance form in connection with the offer made by IHI to acquire the entire issued share capital of IHGH.

This fulfils another condition subject to which the bid was conditional and revocable in terms of the offer document dated 1st July 2015. IHI will issue a further update following the end of the offer acceptance period, falling on 31 July 2015.