Helikon Investments reports 17% stake in Dalata Hotel Group

DUBLIN - Helikon Investments Limited disclosed on Monday a significant stake in Dalata Hotel Group PLC, holding 17.032% of the company’s shares through cash-settled derivatives. This position was reported as per the requirements of the Irish Takeover Panel Act and Rules, with the latest practicable date prior to the disclosure being April 24, 2025.

The investment firm’s interest in the Dublin-based hotel operator is held by its fund, Helikon Long Short Equity Fund Master ICAV. The disclosure comes amid no current reported dealings in the relevant securities of any other party to the offer, indicating Helikon’s focused interest in Dalata Hotel Group.

In a recent transaction, Helikon increased its long position by 105,969 shares at a price of €5.2100 per share. This move contributes to the firm’s already substantial holding in the hotel group, which operates several properties across Ireland and the United Kingdom (TADAWUL:4280).

The disclosure did not report any indemnity or dealing arrangements that might be considered an inducement to deal or refrain from dealing. Additionally, there were no attachments like a Supplemental Form 8, and no agreements, arrangements, or understandings related to voting rights or future acquisition or disposal of the relevant securities were indicated.

This information, released via an RNS announcement, is based on a press release statement and is intended to provide transparency in the market, allowing investors to be aware of significant positions taken by stakeholders in publicly traded companies.

Helikon’s investment in Dalata Hotel Group marks a notable financial event for the company, which has been expanding its footprint in the hospitality industry. The disclosure is a routine part of market operations, and such filings are important for maintaining the integrity and transparency of financial markets.

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