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DUBLIN - Dalata Hotel Group PLC disclosed trading activity in its securities by J&E Davy Unlimited Company, an exempt principal trader with recognized intermediary status dealing in a client-serving capacity, according to a regulatory filing released Tuesday.
The disclosure, made under Rule 38.5(a) of the Irish Takeover Panel Act, revealed that J&E Davy purchased 35,280 ordinary shares of Dalata at prices ranging from €6.37 to €6.38 per share on Monday. The firm also sold 500 ordinary shares at €6.38 per share on the same day.
The transactions were conducted by J&E Davy in its capacity as a connected exempt principal trader to Dalata Hotel Group. The filing indicated no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were made during this period.
The disclosure is required under Irish takeover regulations, which mandate transparency for trading activities by connected parties during offer periods. The filing specified that J&E Davy is not making disclosures in respect of any other party to an offer.
Dalata Hotel Group, Ireland’s largest hotel operator, trades on the Euronext (EPA:ENX) Dublin and London Stock Exchange (LON:LSEG). The company has not provided additional context regarding these transactions in the regulatory filing.
The information was submitted via a Regulatory Information Service in compliance with Rule 38 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, based on the press release statement.
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