Amundi discloses stake in Dalata Hotel Group

Published 26/03/2025, 11:40
Amundi discloses stake in Dalata Hotel Group

PARIS - Amundi S.A., a prominent asset management company, has disclosed a significant holding in Dalata Hotel Group PLC, a leading hotel operator in Ireland. According to a regulatory filing with the Irish Takeover Panel on March 26, 2025, the Paris-based asset manager reported a 1.971% interest in the hotel group, which equates to 4,169,334 ordinary shares.

The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates that Amundi acquired 36,374 ordinary shares at a price of EUR 5.515 per unit on March 25, 2025. The filing did not report any short positions in Dalata Hotel Group PLC.

Amundi’s acquisition comes amid a period of interest in the hospitality sector, which has seen a resurgence following the challenges posed by the global health crisis in previous years. The investment reflects confidence in Dalata Hotel Group’s market position and growth potential.

The disclosure was made in compliance with the rules governing the reporting of interests and short positions by entities holding 1% or more of a company’s securities. Amundi’s notification stated that there were no indemnity or dealing arrangements in place that would be an inducement to deal or refrain from dealing in the relevant securities.

This announcement comes as investors continue to monitor the hospitality industry for signs of sustained recovery and growth opportunities. Dalata Hotel Group PLC, which operates several well-known hotel brands, has been the subject of investor attention due to its expansive portfolio and strategic market presence.

The information provided in this article is based on a press release statement from the London Stock Exchange (LON:LSEG)’s Regulatory Information Service.

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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