BlackRock discloses stake in Dalata Hotel Group

LONDON - BlackRock (NYSE:BLK), Inc., the world’s largest asset manager, has disclosed a significant stake in Dalata Hotel Group plc, a leading hotel operator in Ireland. According to a regulatory filing dated June 2, 2025, BlackRock now holds 2.50% of Dalata’s ordinary shares, alongside a 0.56% economic interest through cash-settled derivatives.

The disclosure was made in accordance with the rules of the Irish Takeover Panel, which require investors to report holdings in companies that exceed 1% of the issued share capital. The filing revealed that BlackRock’s total interest in Dalata Hotel Group includes 5,176,593 ordinary shares and derivative positions amounting to 1,194,842 securities.

The asset manager also reported transactions in Dalata’s shares, purchasing 819 shares at a price of EUR 5.7600 and an additional 7,826 shares at EUR 5.7646. These transactions took place on June 2, 2025, just one day before the disclosure was made public.

BlackRock’s investment in Dalata Hotel Group comes amid a period of cautious optimism in the hospitality sector, as the industry continues to recover from the impact of the COVID-19 pandemic. The stake acquisition by such a prominent investment firm could be seen as a vote of confidence in Dalata’s business model and growth prospects.

Dalata Hotel Group operates several hotel brands across Ireland and the United Kingdom (TADAWUL:4280), and its performance is closely watched by investors interested in the travel and hospitality market. The company has not commented on BlackRock’s investment at this time.

This disclosure does not indicate any immediate changes in Dalata’s operations or management. However, it does provide transparency regarding significant ownership interests in the company, which is essential information for shareholders and potential investors.

The information in this article is based on a press release statement from the London Stock Exchange (LON:LSEG)’s Regulatory Information Service.

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