Amundi discloses 1.95% stake in Dalata Hotel Group

Published 03/04/2025, 18:20
Amundi discloses 1.95% stake in Dalata Hotel Group

PARIS - Amundi S.A., a leading asset management company, has disclosed a 1.95% stake in Dalata Hotel Group PLC, as per a recent filing with the Irish Takeover Panel. The disclosure, dated April 2, 2025, was made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates the public announcement of significant shareholdings.

The Paris-based asset manager reported holding a total of 4,123,336 ordinary shares in the Irish hotel operator. Additionally, Amundi engaged in several sales of Dalata’s €0.01 ordinary shares on the previous day, with transactions including 41,319 shares at EUR 5.200 per share, 1,325 shares at EUR 5.330, and 3,354 shares at EUR 5.250.

The filing did not indicate any cash-settled or stock-settled derivative positions and stated that there are no agreements, arrangements, or understandings in place regarding indemnity, options, or derivatives that would be an inducement to deal or refrain from dealing in the company’s securities.

This disclosure is a routine regulatory requirement and does not necessarily indicate a strategic change or a forthcoming takeover bid for Dalata Hotel Group. Investors and market observers often monitor such disclosures for insights into the movements of large institutional investors, which can sometimes signal confidence or lack thereof in the company’s future prospects.

The announcement was made to a Regulatory Information Service and is available for public scrutiny. The contact person for the disclosure at Amundi is Tiago Duarte, and the information is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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