BlackRock discloses 2.45% stake in Dalata Hotel Group

Published 18/08/2025, 15:26
BlackRock discloses 2.45% stake in Dalata Hotel Group

DUBLIN - BlackRock (NYSE:BLK), Inc. has disclosed a 2.45% stake in Dalata Hotel Group plc, according to a regulatory filing published Monday.

The investment management firm reported ownership of 5,193,025 ordinary shares in the Irish hotel operator, as detailed in an opening position disclosure filed under Rule 8.3 of the Irish Takeover Panel Act.

The filing, which reflects BlackRock’s position as of August 15, also revealed short positions equivalent to 0.32% of Dalata’s shares through cash-settled derivatives, amounting to 677,626 shares.

Recent transactions disclosed in the filing include the purchase of 1,812 Dalata shares at €6.38 per share and a transfer of 2,850 shares.

The disclosure comes amid takeover rules requiring public notification when an entity holds interests in relevant securities representing 1% or more of a company that may be involved in a takeover situation.

Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280), trading primarily under the Clayton and Maldron brands.

The disclosure was made through a Form 8.3 filing to the Irish Takeover Panel, based on information provided in the company’s press release statement.

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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