FIL Limited reports 6.89% stake in Dalata Hotel Group

Published 28/04/2025, 11:38
FIL Limited reports 6.89% stake in Dalata Hotel Group

DUBLIN - FIL Limited, along with its direct and indirect subsidiaries, has disclosed a 6.89% interest in Dalata Hotel Group PLC, according to a regulatory filing with the Irish Takeover Panel. The disclosure, dated April 28, 2025, adheres to the rules of the Irish Takeover Panel Act, 1997, and the Takeover Rules, 2022, which require public revelation of stakes exceeding 1% in companies involved in takeover situations.

The position was established as of April 25, 2025, and the filing indicates that FIL Limited’s interest encompasses 14,575,842 ordinary shares in the hotel group. Notably, the disclosure also includes a transaction where FIL Limited sold 13,600 ordinary shares at a price of €5.20 per share.

FIL Limited has not engaged in any cash-settled or stock-settled derivative transactions relating to Dalata Hotel Group’s shares, nor are there any indemnity or option arrangements, or agreements or understandings relating to the voting rights of any relevant securities under any option, or the future acquisition or disposal of any relevant securities.

This move by FIL Limited comes amid no current disclosures of dealings by connected fund managers or any other party to the offer. Furthermore, there are no attachments, such as a Supplemental Form 8, associated with this disclosure.

The information contained in this article is based on a press release statement and is intended to provide shareholders and the market with transparent insight into significant shareholdings in the company. It is a routine disclosure that enables investors to monitor changes in significant share ownership within publicly traded companies.

Dalata Hotel Group PLC, which operates hotels primarily in Ireland and the United Kingdom (TADAWUL:4280), is listed on the Irish Stock Exchange. This disclosure does not necessarily imply any changes to the company’s operations or management. The details provided are solely for informational purposes, reflecting FIL Limited’s holdings and recent share dealings as required by regulatory obligations.

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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