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DUBLIN - FIL Limited, an investment management company, has reported a 6.53% interest in Dalata Hotel Group PLC, a leading hotel operator in Ireland. According to a disclosure filed on Monday, the position was held as of May 30, 2025.
The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates that FIL Limited and/or its subsidiaries have crossed the threshold of interests in securities representing 1% or more in the hotel group. This level of ownership necessitates public disclosure to the market.
The form 8.3 filing showed that FIL Limited has control over 13,824,916 ordinary shares of Dalata Hotel Group, which corresponds to the 6.53% stake. It was also noted that the company engaged in purchasing shares at prices of 5.73 EUR and 5.75 EUR per share, with transactions involving 27,434 and 19,866 shares, respectively.
The filing did not report any cash-settled or stock-settled derivative positions, nor did it disclose any indemnity or dealing arrangements that could be an inducement to deal or refrain from dealing in the relevant securities. Furthermore, there were no agreements, arrangements, or understandings related to options or derivatives connected to the voting rights of Dalata Hotel Group’s securities.
The information provided in the disclosure is a regulatory requirement and is of interest to investors monitoring changes in significant shareholdings within publicly traded companies. Such disclosures can influence market perceptions and the strategic decisions of other investors.
The disclosure was made to a Regulatory Information Service and is based on a press release statement. It does not imply any further actions or intentions by FIL Limited regarding its position in Dalata Hotel Group PLC.
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