US stock futures steady after Wall St gains on rate cut bets; PPI inflation on tap
LONDON - Investment manager BlackRock (NYSE:BLK), Inc. has disclosed a 2.49% stake in Dalata Hotel Group plc, according to a regulatory filing published Wednesday.
The disclosure, made under Irish Takeover Panel rules, reveals BlackRock holds interests in 5,270,928 shares of the hotel group, representing 2.49% of the company. This includes 5,158,109 shares (2.43%) owned or controlled directly and 112,819 shares (0.05%) through cash-settled derivatives.
The filing also shows BlackRock has short positions equivalent to 1,194,842 shares, or 0.56% of Dalata’s issued share capital, primarily through cash-settled derivatives.
The disclosure, dated June 10, 2025, was made as an opening position disclosure under Rule 8.3 of the Irish Takeover Panel Act, which requires public disclosure when a person holds interests in relevant securities representing 1% or more.
The filing noted a transfer out of 17,987 shares but did not disclose a price for this transaction.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280). The disclosure suggests potential takeover interest in the company, as such filings are typically required during offer periods.
This information is based on a regulatory filing submitted to the London Stock Exchange (LON:LSEG)’s Regulatory News Service.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.