BlackRock adjusts stake in Dalata Hotel Group

Published 24/04/2025, 15:32
BlackRock adjusts stake in Dalata Hotel Group

LONDON - BlackRock (NYSE:BLK), Inc., the global investment management corporation, has disclosed a change in its holdings in Dalata Hotel Group plc, a leading hotel operator in Ireland. According to a filing with the Irish Takeover Panel dated April 23, 2025, BlackRock now owns 5,215,081 ordinary shares, representing a 2.46% stake in the company.

The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, also reveals that BlackRock holds short positions amounting to 1,247,461 shares, or 0.58% of Dalata Hotel Group’s ordinary shares. These short positions are primarily in the form of cash-settled derivatives.

On April 23, 2025, BlackRock engaged in transactions that adjusted its short positions in Dalata Hotel Group. The investment firm reduced its short position by 8,987 shares through contracts for difference (CFDs) at a price of EUR 5.2300 per share. Conversely, BlackRock increased its short position by 586 shares, also at EUR 5.2300 per share, through similar derivative instruments.

Additionally, the filing indicated a transfer out of 1,320 ordinary shares of Dalata Hotel Group, although the specific nature of this transaction was not detailed in terms of price.

The disclosure does not mention any indemnity or dealing arrangements that could be an inducement to deal or refrain from dealing in the securities of Dalata Hotel Group. There are also no attachments, such as a Supplemental Form 8, associated with the filing.

This information, based on the press release statement, provides a snapshot of BlackRock’s current investment positioning in Dalata Hotel Group plc and is a matter of public record, as required by the rules governing financial disclosures. The adjustment of holdings by significant investors like BlackRock is closely watched by market participants for indications of investor sentiment and potential impacts on a company’s stock performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.