BlackRock discloses stake in Dalata Hotel Group

LONDON - BlackRock (NYSE:BLK), Inc., the world’s largest asset manager, has disclosed a significant shareholding in Dalata Hotel Group plc, as per a regulatory filing with the Irish Takeover Panel on June 06, 2025.

The disclosure, which follows the rules set by the Irish Takeover Panel Act of 1997 and Takeover Rules of 2022, indicates that BlackRock now holds a total interest of 5,288,517 shares, representing 2.50% of Dalata Hotel Group’s issued share capital. Additionally, BlackRock has a cash-settled derivative position comprising 1,194,842 shares, which translates to 0.56% of the company.

The position was held as of June 05, 2025, and includes both direct ownership of shares and economic exposure through derivatives. The filing did not report any stock-settled derivatives or agreements to purchase or sell relevant securities.

Dalata Hotel Group, which operates hotels primarily in Ireland and the United Kingdom (TADAWUL:4280), has not been named in relation to any other takeover offers, and the filing by BlackRock does not indicate any such activity.

The filing also included a minor transfer in of 963 ordinary shares, although the details of this transaction were not specified beyond the classification as a transfer.

This disclosure is mandatory under the rules governing the conduct of takeovers, mergers, and acquisitions involving companies whose securities are traded on regulated markets in Ireland. BlackRock’s disclosure was made to a Regulatory Information Service and is publicly available as a matter of record.

Investors often monitor such disclosures closely, as significant shareholdings by major institutional investors like BlackRock can sometimes signal confidence in a company’s prospects or suggest potential strategic movements.

The information about BlackRock’s position in Dalata Hotel Group is based on a press release statement and provides a snapshot of the investment manager’s holdings in the hotel operator as required by regulatory standards.

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