BlackRock discloses 2.41% stake in Dalata Hotel Group

Published 03/07/2025, 15:24
BlackRock discloses 2.41% stake in Dalata Hotel Group

DUBLIN - Investment giant BlackRock (NYSE:BLK), Inc. has disclosed a 2.41% ownership position in Dalata Hotel Group plc, according to a regulatory filing published Thursday.

The disclosure, made under Irish Takeover Panel rules, reveals BlackRock holds 5,107,677 ordinary shares in the hotel group. The filing also shows BlackRock maintains a 0.56% short position through cash-settled derivatives, amounting to 1,199,561 shares.

The investment firm reported recent trading activity including the purchase of 2,787 shares at €6.47 per share on July 2, while also increasing its short position by 1,008 shares at the same price point.

Additionally, BlackRock transferred out 2,637 shares as part of its dealing activities, according to the filing.

The disclosure was made in compliance with Rule 8.3 of the Irish Takeover Panel Act, which requires persons with interests representing 1% or more in relevant securities to disclose their positions.

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 released through a Form 8.3 filing submitted to the Regulatory Information Service of the London Stock Exchange (LON:LSEG).

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

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