BlackRock discloses 2.43% stake in Dalata Hotel Group

Published 21/07/2025, 15:26
BlackRock discloses 2.43% stake in Dalata Hotel Group

DUBLIN - Investment management firm BlackRock (NYSE:BLK), Inc. has disclosed a 2.43% ownership position in Dalata Hotel Group plc, according to a regulatory filing published Monday.

The disclosure, made under Irish Takeover Panel rules, reveals BlackRock holds 5,156,714 ordinary shares in the hotel group as of July 18, 2025. The filing also shows BlackRock maintains a short position of 0.61% through cash-settled derivatives, representing 1,293,935 shares.

Recent transactions detailed in the filing include the purchase of 5,574 shares at €6.39 per share, an increase in short position by 674 shares, and a transfer out of 2,619 shares.

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

Dalata Hotel Group, Ireland’s largest hotel operator, owns and operates hotels under the Clayton and Maldron brands across Ireland, the UK, and continental Europe.

The filing does not indicate any takeover activity involving Dalata, but such disclosures are standard regulatory requirements when companies may be subject to offer situations.

This information was provided in a regulatory filing submitted to the London Stock Exchange (LON:LSEG)’s news service.

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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