Amundi SA discloses stake in Dalata Hotel Group

Published 25/04/2025, 12:24
Amundi SA discloses stake in Dalata Hotel Group

DUBLIN - Amundi S.A., a significant player in the asset management industry, has disclosed a 1.992% ownership in Dalata Hotel Group PLC, a leading hotel operator in Ireland. The disclosure, made in compliance with the Irish Takeover Panel Act of 1997 and Takeover Rules of 2022, was reported on April 25, 2025.

The French asset management firm reported holding 4,212,929 ordinary shares in Dalata Hotel Group as of April 24, 2025. This position does not include any short positions or rights to subscribe for new securities. According to the press release, Amundi S.A. did not enter into any indemnity or option arrangements, nor does it have any agreements or understandings related to the voting rights of the relevant securities.

The disclosure was prompted by transactions that took place on the previous day, where Amundi SA (EPA:AMUN) purchased 18,354 ordinary shares at a price of EUR 5.238 per share and another 2,765 shares at EUR 5.230 each. These transactions reflect the asset manager’s investment activities and are part of the routine disclosures required by regulatory authorities for entities holding significant stakes in publicly traded companies.

Dalata Hotel Group, listed on the Irish Stock Exchange, operates hotels across Ireland and the UK. The company’s portfolio includes a mix of owned, leased, and managed hotels, and it has been a subject of interest for investors due to its expansive footprint in the hospitality sector.

The disclosure by Amundi S.A. is a regulatory requirement and does not indicate any intention to influence the control of Dalata Hotel Group. The announcement is based on a press release statement and provides transparency regarding the holdings and dealings of significant shareholders in public companies.

This information is significant for investors and market analysts as it reflects the investment patterns and confidence of large asset managers in the hospitality industry, particularly in the context of Dalata Hotel Group’s market position. It is important to note that such disclosures are routine and do not necessarily suggest any upcoming strategic actions by the disclosing party.

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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