Amundi discloses 2.3% stake in Dalata Hotel Group

DUBLIN - Amundi S.A., a prominent asset management company, has disclosed a 2.3% interest in Dalata Hotel Group PLC, as per a recent filing with the Irish Takeover Panel. The disclosure, dated June 2, 2025, revealed that Amundi now owns 4,871,604 ordinary shares in the Irish hotel operator.

The stake acquisition comes amid a period where investment firms are closely monitoring the hospitality sector for potential growth opportunities following the industry’s recovery from the pandemic-induced downturn. Dalata Hotel Group, known for its portfolio of hotel properties across Ireland and the United Kingdom (TADAWUL:4280), represents a strategic investment for entities like Amundi that seek to diversify their holdings in the service sector.

The filing also detailed a purchase of 23,379 ordinary shares at a price of EUR 5.750 per share, further indicating Amundi’s active position in the market. However, there were no short positions reported, and the disclosure did not suggest any cash-settled or stock-settled derivative transactions related to Dalata Hotel Group by Amundi.

In accordance with regulatory requirements, the disclosure was made to a Regulatory Information Service and is available for public scrutiny. Amundi’s disclosure is a routine declaration under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates that any party holding interests in relevant securities representing 1% or more must report their position.

This move by Amundi is part of the broader market activities where investment entities adjust their portfolios based on performance assessments and strategic alignments. Dalata Hotel Group has not issued any comments in relation to this disclosure.

It is important to note that the information in this article is based on a press release statement and does not imply any endorsement of Amundi’s investment strategy or the future performance of Dalata Hotel Group PLC.

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