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DUBLIN - Allianz (ETR:ALVG) Global Investors GmbH has disclosed a 1.03% stake in Dalata Hotel Group plc, according to a regulatory filing released Thursday.
The investment firm reported ownership of 2,173,580 ordinary shares in the Irish hotel operator, as required under the Irish Takeover Panel rules for entities holding interests of 1% or more in companies potentially involved in takeover situations.
The disclosure also revealed that Allianz sold 29,543 Dalata shares at a price of €6.46 per share on July 2.
The filing was made in accordance with Rule 8.3 of the Irish Takeover Panel Act, which requires transparency from significant shareholders during potential takeover periods.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio spanning Ireland and the UK. The company trades on the Euronext (EPA:ENX) Dublin and London Stock Exchange (LON:LSEG).
The disclosure did not provide information about any potential takeover offer for Dalata, nor did it indicate whether Allianz Global Investors plans further transactions involving the hotel group’s securities.
This information was reported in a Form 8.3 regulatory announcement submitted to the London Stock Exchange’s news service.
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