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DUBLIN - Investment firm BlackRock (NYSE:BLK), Inc. has disclosed a 2.41% ownership stake in Dalata Hotel Group plc, according to a regulatory filing published Monday.
The disclosure, made under Irish Takeover Panel rules, reveals BlackRock holds 5,115,655 ordinary shares in the hotel group, representing 2.41% of the company. The filing also shows BlackRock has short positions equivalent to 0.56% of Dalata's shares through cash-settled derivatives.
The position disclosure, dated June 20, 2025, details recent transactions including the sale of 270 ordinary shares at €6.40 per share. BlackRock also reduced a long position by 74,461 securities at €6.42 per share and increased a short position by 828 securities at €6.40.
Irish takeover regulations require public disclosure when an entity holds interests in relevant securities representing 1% or more of a company that could be involved in a potential takeover situation.
The filing was submitted as an opening position disclosure under Rule 8.3 of the Irish Takeover Panel Act. No information regarding a potential takeover offer for Dalata was included in the disclosure.
Dalata Hotel Group is Ireland's largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280).
The information was provided in a Form 8.3 filing submitted to the Regulatory Information Service of the London Stock Exchange (LON:LSEG).
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