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DUBLIN - Amundi SA (EPA:AMUN), the asset management company, has disclosed a 2.03% stake in Dalata Hotel Group PLC as of May 20, 2025. The disclosure was made in compliance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires parties holding interests in relevant securities representing 1% or more to report their positions.
The French asset manager reported owning 4,293,608 ordinary shares in the Irish hotel operator. This announcement follows recent transactions in which Amundi SA purchased 92,788 shares at a price of EUR 5.582 per share and an additional 6,631 shares at EUR 5.590 each.
No short positions were reported by Amundi, and there were no indications of any cash-settled or stock-settled derivative positions related to Dalata Hotel Group’s securities. Moreover, Amundi confirmed that there are no indemnity or dealing arrangements, nor any agreements, arrangements, or understandings relating to options or derivatives connected to the disclosed securities.
The disclosure of this stake is a routine declaration of the asset manager’s holdings and must be made public via a Regulatory Information Service, as per the rules governing financial disclosures in the United Kingdom (TADAWUL:4280). These rules are designed to ensure transparency in the financial markets and provide investors with timely and accurate information regarding significant ownership stakes in publicly traded companies.
The acquisition of shares by Amundi SA in Dalata Hotel Group underscores the asset manager’s investment in the hospitality sector. Dalata Hotel Group PLC operates hotels primarily in Ireland and the United Kingdom, and the announcement comes at a time when the hospitality industry is navigating a post-pandemic recovery phase.
Investors and stakeholders in Dalata Hotel Group and the broader hospitality sector may view Amundi’s stake as a sign of confidence in the company’s prospects. Nonetheless, this disclosure does not necessarily indicate a strategic shift or a precursor to further actions by Amundi SA regarding Dalata Hotel Group.
The information for this report is based solely on a press release statement and does not include any additional analysis or commentary.
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