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LONDON - Joh. Berenberg, Gossler & Co. KG, a connected exempt principal trader, has reported transactions in the shares of Dalata Hotel Group plc, according to a disclosure made under the Irish Takeover Panel’s rules. The dealings occurred on Thursday, with the firm both buying and selling shares in the hotel operator.
Berenberg purchased a total of 16,677 ordinary shares at prices ranging from £4.46 to £4.50. Concurrently, the firm sold the same number of shares at slightly higher prices between £4.48 and £4.51. These transactions were conducted in connection with Dalata Hotel Group plc, with whom Berenberg is connected, as per the disclosure dated April 29, 2025.
The trades took place in the context of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which governs the conduct of takeovers in Ireland. Under these rules, certain trading activities must be disclosed to provide transparency during takeover bids. The disclosure does not indicate the presence of any indemnity or option arrangement, or any agreement or understanding related to the relevant securities that might be an inducement to deal or refrain from dealing.
The information regarding these transactions has been made public as required by the Irish Takeover Panel and is based on a press release statement. It is intended to ensure that stakeholders have access to key information during periods of potential corporate acquisitions.
This dealing disclosure comes at a time when market participants closely monitor the movements of shares involved in takeover scenarios. The disclosed prices provide a snapshot of the value attributed to Dalata Hotel Group plc’s shares in the context of the reported trading activity.
For further information, contact details were provided for Paul Tiernan, who can be reached at the numbers listed in the disclosure. However, the press release does not specify the broader implications of these transactions for Dalata Hotel Group plc or the hotel industry at large.
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