FIL Limited reports 6.78% stake in Dalata Hotel Group

Published 09/05/2025, 11:56
FIL Limited reports 6.78% stake in Dalata Hotel Group

DUBLIN - FIL Limited, an investment management company, disclosed on Monday that it has acquired a 6.78% interest in Dalata Hotel Group PLC, a prominent hotel operator in Ireland. The position, which encompasses 14,339,840 ordinary shares, was established as of May 08, 2025.

The disclosure, made under the rules of the Irish Takeover Panel, is a routine regulatory requirement for entities holding interests in relevant securities representing 1% or more. FIL Limited’s acquisition did not involve any cash-settled derivatives or stock-settled derivatives, as the notification solely reported direct ownership of ordinary shares.

The dealing reported included a sale of 1,425 shares at a price of €5.24 per share. This transaction reflects normal trading activity and does not necessarily indicate a broader strategy regarding Dalata Hotel Group PLC.

FIL Limited has not entered into any indemnity or option arrangement related to this holding, nor are there any agreements, arrangements, or understandings relating to the voting rights of the relevant securities under any option or derivative. The company also confirmed that no supplemental Form 8 is attached to this disclosure.

Dalata Hotel Group PLC operates hotels across Ireland and the UK, and this stake by FIL Limited represents a significant investment in the hospitality sector. The company’s portfolio includes a mix of owned, leased, and managed hotels, catering to both leisure and business travelers.

The disclosure of this position is based on a press release statement and provides transparency in the market, allowing investors to be aware of significant shareholdings in publicly traded companies. It does not necessarily signal a change in control or an imminent takeover bid, but rather is a reflection of FIL Limited’s investment in Dalata Hotel Group PLC as of the specified date.

Investors and market watchers often monitor such disclosures to gauge investment trends and potential shifts in company ownership. The disclosed stake by FIL Limited may be of interest to stakeholders in the hospitality and investment communities.

This news comes amid a period of recovery for the hospitality industry, which has faced challenges in recent years due to global events affecting travel and tourism. Dalata Hotel Group PLC, like many in the sector, has been adapting to the evolving market conditions to maintain its position and growth prospects.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.