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LONDON - BlackRock (NYSE:BLK), Inc., the world’s largest asset manager, has disclosed a significant stake in Dalata Hotel Group plc, the largest hotel operator in Ireland. According to a regulatory filing with the Irish Takeover Panel on May 9, 2025, BlackRock now holds 5,238,436 ordinary shares, representing a 2.47% interest in the company.
The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, also revealed that BlackRock has a short position of 1,194,842 shares, or 0.56% in Dalata Hotel Group. This position was held as of May 8, 2025, the day before the disclosure was made.
In addition to the shareholding, BlackRock did not report any dealings in stock-settled derivatives such as options or agreements to purchase or sell relevant securities. The filing did not indicate any indemnity or option arrangements, or any agreements or understandings relating to the voting rights of the disclosed securities.
The announcement comes as part of standard regulatory requirements for entities holding interests in relevant securities representing 1% or more in companies subject to takeover rules. These disclosures are mandated to ensure transparency in financial markets and provide the public with information on significant holdings in publicly traded companies.
Dalata Hotel Group, listed on the London Stock Exchange (LON:LSEG), operates hotel brands including Maldron Hotels and Clayton Hotels across Ireland and the United Kingdom (TADAWUL:4280). The company has been expanding its footprint and has several new hotels under development.
BlackRock’s disclosure is a routine declaration of its investment in Dalata and does not necessarily indicate a strategic shift or intent to influence the company’s management. The asset manager routinely makes such disclosures in accordance with regulatory requirements.
This information is based on a press release statement and provides investors and the market with relevant data regarding significant stakes and short positions in Dalata Hotel Group held by BlackRock.
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