BlackRock discloses stake in Dalata Hotel Group

LONDON - BlackRock (NYSE:BLK), Inc., the global investment management corporation, has disclosed a significant stake in Dalata Hotel Group plc, a leading hotel operator in Ireland. The disclosure, made on March 31, 2025, follows the rules of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which require public revelation of interests in relevant securities representing 1% or more.

As of March 28, 2025, BlackRock reported owning 5,228,429 ordinary shares of Dalata Hotel Group, amounting to a 2.47% interest in the company. Additionally, BlackRock holds cash-settled derivatives representing a short position of 0.63%, which equates to 1,343,539 shares.

The disclosure comes amid routine reporting requirements and does not necessarily indicate a strategic change or intention to influence control of the company. BlackRock’s dealings included both the purchase and sale of Dalata’s ordinary shares, with transactions listed at a price of EUR 5.2600 per unit.

This information, based on a press release statement, serves as a routine transparency measure for market participants and does not imply any immediate action or intent by BlackRock regarding its holdings in Dalata Hotel Group. BlackRock has not disclosed any indemnity or dealing arrangements that may serve as an inducement to deal or refrain from dealing in the securities of Dalata Hotel Group.

The London Stock Exchange (LON:LSEG)’s Regulatory Information Service is the designated platform for such public disclosures under Rule 8.3 of the Irish Takeover Panel Rules. The disclosure by BlackRock ensures compliance with market regulations and provides investors with relevant information about significant holdings in publicly traded companies.

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