BlackRock discloses stake in Dalata Hotel Group

LONDON - Investment management firm BlackRock (NYSE:BLK), Inc. has reported a significant stake in Dalata Hotel Group plc, a leading hotel operator in Ireland. As of May 5, 2025, BlackRock disclosed ownership of 5,227,528 ordinary shares, representing a 2.47% interest in the company. Additionally, BlackRock holds cash-settled derivatives amounting to 1,194,842 shares, which corresponds to a 0.56% interest.

The disclosure, made on May 6, 2025, is in accordance with the rules of the Irish Takeover Panel, which require the reporting of interests and short positions representing 1% or more in relevant securities during takeover situations. The details were made public through a regulatory information service as mandated by the panel’s regulations.

BlackRock’s position in Dalata Hotel Group was unveiled in a routine filing and reflects the asset manager’s interest in the hotel operator. The filing did not indicate any specific intention behind the acquisition of shares or derivatives, nor did it suggest any immediate action that BlackRock intends to take regarding its stake in the company.

The disclosure also included a transfer in of 5,658 ordinary shares, although no price per unit was specified for this transaction. No further details on indemnity or dealing arrangements were provided, suggesting that there are no such agreements currently in place that would be an inducement to deal or refrain from dealing in the company’s securities.

Dalata Hotel Group operates hotels across Ireland and the UK, with a portfolio that includes a number of well-known hotel brands. The company has been expanding its presence and has been a subject of investor interest.

BlackRock’s disclosure is based on a press release statement, and the investment firm has not issued any additional comments regarding its holding in Dalata Hotel Group plc. The news of this stake may be of interest to investors and market watchers who follow the hospitality sector and the movements of major institutional investors.

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