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DUBLIN - Joh. Berenberg, Gossler & Co. KG reported trading activity in Dalata Hotel Group plc (LSE:DAL) shares, according to a regulatory filing published Thursday.
The German bank, acting as an exempt principal trader with recognized intermediary status, disclosed that it purchased and subsequently sold 25,633 ordinary shares of Dalata Hotel Group on August 20. Both transactions were executed at a price of €6.38 per share.
The disclosure was made in compliance with Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires connected exempt principal traders to report dealings in relevant securities during offer periods.
Berenberg is connected to Dalata Hotel Group in the filing, though no details regarding any potential takeover offer were provided in the disclosure. The bank confirmed it is not making disclosures in respect of any other party to an offer.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio spanning Ireland, the UK and continental Europe.
The information was submitted through a Form 38.5(a) filing to the Regulatory Information Service, based on a press release statement from Berenberg.
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