FIL Limited discloses 6.62% stake in Dalata Hotel Group

Published 28/05/2025, 12:46
FIL Limited discloses 6.62% stake in Dalata Hotel Group

DUBLIN - FIL Limited, an investment management company, has reported a 6.62% interest in Dalata Hotel Group PLC, according to a regulatory filing with the Irish Takeover Panel on May 28, 2025. The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates FIL’s significant stake in the hotel operator.

The position was held as of May 27, 2025, and encompasses 14,006,183 ordinary shares. On the same day, FIL Limited engaged in the sale of 262,000 ordinary shares of Dalata Hotel Group at a price of 5.68 EUR per share. The transaction reflects FIL’s ongoing adjustments to its investment portfolio in the company.

FIL Limited, along with its direct and indirect subsidiaries, is obliged to make such disclosures when its interests in relevant securities represent 1% or more. The filing did not indicate any cash-settled or stock-settled derivative positions, suggesting that FIL’s interest is strictly through direct share ownership.

The disclosure did not report any indemnity or option arrangement, or any agreement or understanding related to relevant securities that could be an inducement to deal or refrain from dealing. Similarly, there were no attachments or supplemental forms provided with the disclosure.

Dalata Hotel Group PLC, listed on the Irish Stock Exchange, is a prominent hotel operator in Ireland and has expanded its presence in the UK. The company operates multiple hotel brands and has been a subject of investor interest due to its growth and expansion strategies.

The information is based on a press release statement and provides a snapshot of FIL Limited’s investment activities related to Dalata Hotel Group PLC. It is a standard disclosure that informs the market of significant shareholdings and dealings by investment firms, which can be indicative of their investment strategies and market movements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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