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DUBLIN - BlackRock (NYSE:BLK), Inc. has disclosed a 2.45% stake in Dalata Hotel Group plc, according to a regulatory filing published Wednesday.
The investment management firm reported owning and controlling interests representing 5,191,738 shares in the Irish hotel operator, while also holding short positions equivalent to 0.56% of the company’s shares.
According to the filing, BlackRock’s position includes 5,113,138 ordinary shares owned and controlled directly, representing 2.41% of Dalata’s share capital. The firm also holds 78,600 shares through cash-settled derivatives, accounting for an additional 0.03% interest.
The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, reveals recent trading activity by BlackRock, including the purchase of 1,477 Dalata shares at €6.25 per share and the sale of 7,924 shares at €6.30 per share on June 17.
Additionally, BlackRock reduced its long position by 34,219 securities through cash-settled derivative transactions at a price of €6.26 per share.
The filing was submitted as an opening position disclosure under Irish takeover regulations, which require public disclosure when a party holds interests in relevant securities representing 1% or more of a company involved in a potential takeover situation.
This information was provided in a regulatory news service filing dated June 18, 2025.
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