BlackRock adjusts stake in Dalata Hotel Group

LONDON - Investment management corporation BlackRock (NYSE:BLK), Inc. has updated its holdings in the Dalata Hotel Group plc, according to a disclosure made Friday, March 14, 2025, to the Irish Takeover Panel. The disclosure, mandated under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, reveals changes in BlackRock’s interests and short positions in the company’s securities.

As of Thursday, March 13, 2025, BlackRock’s total holdings in Dalata Hotel Group amounted to 5,164,914 ordinary shares, representing 2.44% of the company. Additionally, BlackRock holds cash-settled derivatives in the form of Contracts for Difference (CFDs), corresponding to 1,326,816 shares or 0.62% of Dalata Hotel Group.

The latest transaction reported involved a reduction of BlackRock’s long position by 25,380 shares through CFDs, at a price of EUR 5.5870 per share. No new stock-settled derivatives or options transactions were disclosed.

BlackRock’s disclosure did not indicate any indemnity or dealing arrangements, agreements, or understandings related to the voting rights of the relevant securities under any options or derivatives. Furthermore, the company confirmed that no supplemental Form 8 was attached to the disclosure.

This adjustment in BlackRock’s holdings is part of the routine financial disclosures required by entities holding more than 1% of a company’s relevant securities. Such disclosures are crucial for maintaining transparency in the financial markets and provide investors with up-to-date information on significant institutional trades and holdings.

The information in this article is based on a press release statement. It is intended to present a factual account of BlackRock’s reported dealings in Dalata Hotel Group’s securities without speculation or analysis of potential market impacts.

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