J&E Davy reports Dalata Hotel Group trading activity

Published 24/03/2025, 11:50
© Reuters.

DUBLIN - J&E Davy Unlimited Company, acting as an exempt principal trader connected with Dalata Hotel Group PLC, disclosed trading activities involving Dalata’s securities on Monday, March 21, 2025. The transactions were reported in accordance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

The trading disclosure revealed that J&E Davy engaged in purchasing and selling Dalata Hotel Group’s ordinary shares. A total of 98,473 shares were bought at a price range between €5.45 and €5.5 per unit. Concurrently, 42,000 shares were sold at prices from €5.48 to €5.497 per unit. No derivatives transactions, stock-settled derivatives, or other dealings such as subscriptions or conversions were reported.

No indemnity or option arrangements, agreements, or understandings related to the voting rights or future acquisition or disposal of the relevant securities were disclosed, indicating no such arrangements are currently in place.

The information was made public on March 24, 2025, by Zaid Ahmad, a representative from J&E Davy, with contact details provided for further inquiries. The London Stock Exchange (LON:LSEG)’s Regulatory Information Service was also notified as per the requirements under Rule 38 of the Irish Takeover Panel’s rules.

This trading activity comes amidst the normal course of business for J&E Davy, which operates with recognized intermediary status and deals in a client-serving capacity. The disclosure is based solely on a press release statement and provides a factual account of J&E Davy’s trading activities related to Dalata Hotel Group PLC securities.

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