SoFi CEO enters prepaid forward contract on 1.5 million shares
DUBLIN - J&E Davy Unlimited Company, an exempt principal trader with recognized intermediary status, has disclosed its dealings in Dalata Hotel Group PLC securities conducted on Tuesday.
According to a regulatory filing made Wednesday under Irish Takeover Panel rules, J&E Davy purchased 62,730 ordinary shares of Dalata at €6.38 per share and sold 20,000 shares at the same price.
The filing also revealed transactions in Dalata’s CREST Depository Interests (CDIs), with J&E Davy buying 1,072 CDIs at prices ranging between 530 and 551.76 pence, while selling 536 CDIs at 530 pence.
The disclosure was made in compliance with Rule 38.5(a) of the Irish Takeover Panel Act, which requires connected exempt principal traders to report dealings in relevant securities of companies involved in takeover situations.
J&E Davy is connected to Dalata Hotel Group PLC in relation to these transactions, as stated in the regulatory filing. The company confirmed it is not making disclosures regarding any other party to an offer.
The filing contained no information about indemnity arrangements or agreements relating to options or derivatives concerning Dalata securities.
This information was submitted to a Regulatory Information Service as required by Irish takeover regulations, based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.