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LONDON - In a recent dealing disclosure, Joh. Berenberg, Gossler & Co. KG reported trading activities related to Dalata Hotel Group plc securities. The transactions took place on Wednesday, involving the purchase and sale of €0.01 ordinary shares.
According to the disclosure under Rule 8.5 of the Takeover Code, Berenberg conducted both purchases and sales of 44 shares at a uniform price of 422 GBX per share. The dealing date was specified as May 7, 2025.
There were no cash-settled or stock-settled derivative transactions reported in the disclosure, nor were there any other dealings such as subscriptions or conversions. Additionally, Berenberg confirmed that no indemnity or option arrangements, or any agreements or understandings that might serve as an inducement to deal or refrain from dealing, were in place in connection with the disclosed transactions.
The disclosure, made public on May 8, 2025, emphasizes the importance of transparency in financial dealings related to potential takeovers. The Takeover Code ensures that any trading by parties connected to an offer is reported, providing a clear view of market activities to investors and regulatory bodies.
Dylan Wright, a representative from Berenberg, provided the contact information for any inquiries regarding the disclosure. The London Stock Exchange (LON:LSEG)’s Regulatory Information Service, approved by the Financial Conduct Authority, disseminated this information, underscoring the regulated nature of such disclosures.
The Panel on Takeovers and Mergers, which administers the Takeover Code, offers consultation on dealing disclosure requirements, ensuring market participants adhere to established guidelines. The Panel’s website contains the full text of the Code for reference.
This news is based on a press release statement and provides an overview of the factual trading information without speculation or promotional commentary.
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