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NEW YORK - American Century Investment Management, Inc. disclosed a 1.3% interest in Dalata Hotel Group PLC, according to a filing with the Irish Takeover Panel. The disclosure, dated April 16, 2025, indicates that the investment management firm held 2,752,635 ordinary shares in the hotel operator as of April 15, 2025.
The filing, known as Form 8.3, is a requirement for any party holding an interest in relevant securities representing 1% or more during a takeover period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. It is a standard document for transparency in the case of mergers and acquisitions.
In addition to the shareholding, the disclosure reported a single transaction where American Century Investment Management purchased 302 ordinary shares of Dalata Hotel Group at a price of €5.1955 each. No short positions or other significant dealings were reported, and there were no cash-settled or stock-settled derivative positions disclosed.
The filing did not indicate any indemnity or dealing arrangements that could be an inducement to deal or refrain from dealing. It also stated that there were no agreements, arrangements or understandings relating to options or derivatives connected to the voting rights of any relevant securities.
Dalata Hotel Group PLC is a leading hotel operator in Ireland with a growing presence in the United Kingdom (TADAWUL:4280). The company has not made any comments in relation to the disclosure by American Century Investment Management, Inc.
Investors and market watchers often monitor such disclosures for indications of investment firms’ strategies and interests in specific companies, especially in the context of potential or ongoing takeover situations. However, the filing itself does not necessarily imply any immediate strategic action by American Century Investment Management, Inc. regarding Dalata Hotel Group PLC.
This information, based on a press release statement, provides insight into the holdings and transactions of significant shareholders during takeover periods, which can be of interest to investors and analysts following the market.
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