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LONDON - Helikon Investments Limited has reported a significant holding in the Dalata Hotel Group plc, according to a recent disclosure with the Irish Takeover Panel. As of April 14, 2025, Helikon Investments controls 35,847,674 shares, translating to a 16.95% stake in the hotel group.
The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, states that the shares are held by Helikon Long Short Equity Fund Master ICAV, a fund managed by Helikon Investments Limited. The firm has not reported any direct dealings or transactions involving Dalata Hotel Group’s stock on the day prior to the disclosure.
Dalata Hotel Group plc operates hotels primarily in Ireland and the United Kingdom (TADAWUL:4280) and is known for its portfolio of hotel brands. The announcement of Helikon Investments’ position comes amidst a period when investment firms are actively adjusting their portfolios in the hospitality sector, which has been recovering following the disruptions caused by the global pandemic.
The disclosure indicates that Helikon Investments does not have any agreements, arrangements, or understandings related to the voting rights of the relevant securities or future acquisition or disposal of any relevant securities that would require a supplemental Form 8. Additionally, there are no indemnity or other dealing arrangements reported that would be an inducement to deal or refrain from dealing in the shares of Dalata Hotel Group.
The news of this significant stake may be of interest to investors and market analysts who track investment patterns and shifts in shareholder positions within the hospitality industry. The report by Helikon Investments Limited is based on a press release statement and provides a snapshot of the firm’s investment as of the specified date. It is a routine disclosure that offers transparency in the market and allows stakeholders to stay informed about significant ownership changes in publicly traded companies.
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