BlackRock discloses stake in Dalata Hotel Group

LONDON - BlackRock (NYSE:BLK), Inc., the global investment management corporation, has disclosed its stake in Dalata Hotel Group plc, as per the latest filing with the Irish Takeover Panel. The disclosure, dated May 30, 2025, reveals that BlackRock now holds a total interest of 2.49% in the hotel group, which translates to 5,280,767 shares.

The investment firm’s stake is composed of direct share ownership and cash-settled derivatives. Specifically, BlackRock owns 5,167,948 ordinary shares, representing 2.44% of Dalata Hotel Group, and holds cash-settled derivatives for 112,819 shares, which is about 0.05% of the company. In addition, BlackRock has short positions amounting to 0.56%, or 1,194,842 shares.

On May 30, BlackRock engaged in a transaction involving the sale of 112,819 ordinary shares of Dalata Hotel Group at a price of EUR 5.7500 per share. Concurrently, the firm increased its long position in the same number of shares through cash-settled derivatives at the same price.

The disclosure is a routine regulatory requirement under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. It mandates that any person with interests in relevant securities representing 1% or more must report their positions during the takeover process. The rules are in place to ensure transparency and fair play in the financial markets.

BlackRock has not reported any agreements, arrangements, or understandings related to the voting rights of Dalata Hotel Group’s securities, nor are there any attached supplemental forms.

The disclosure was made public on June 2, 2025, and the information was provided through RNS, the news service of the London Stock Exchange (LON:LSEG). This data is based on a press release statement and is intended to inform the market of significant shareholdings and dealings, which could be of interest to shareholders and investors.

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