BlackRock discloses stake in Dalata Hotel Group

LONDON - BlackRock (NYSE:BLK), Inc. has reported a combined holding of 2.49% in ordinary shares and 0.56% in cash-settled derivatives in Dalata Hotel Group plc, an Irish hotel operator. This disclosure follows the rules of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates the public reporting of positions that exceed 1% in relevant securities during takeover events.

The investment management firm declared that as of May 14, 2025, it owned 5,272,109 ordinary shares and had cash-settled derivatives amounting to 1,194,842 shares in Dalata Hotel Group. BlackRock’s dealings included the purchase of 14,570 ordinary shares at a price of EUR 5.3800 each and the transfer in of 4,080 shares, with no specified price attached to this transaction.

BlackRock’s disclosure comes amid regulatory requirements for transparency in securities ownership and trading activities during takeover proceedings. The firm has not reported any stock-settled derivatives or agreements to purchase or sell relevant securities, which are typically disclosed in a Supplemental Form 8.

The investment group has not detailed any indemnity or option arrangements, agreements or understandings related to the voting rights of any relevant securities under any option or derivative referenced in the form. This indicates a straightforward financial interest in the hotel group without any disclosed intent to influence corporate decisions or future acquisition or disposal of the securities.

The announcement was made to a Regulatory Information Service as required and has been made public in accordance with the rules governing disclosures of this nature. The information is based on a press release statement and is intended to provide transparency to the market regarding BlackRock’s interests in Dalata Hotel Group plc.

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