J&E Davy reports dealings in Dalata Hotel Group shares

Published 14/05/2025, 09:40
J&E Davy reports dealings in Dalata Hotel Group shares

DUBLIN - J&E Davy Unlimited Company, a connected exempt principal trader, disclosed dealings in the shares of Dalata Hotel Group PLC on Monday, according to a regulatory filing with the Irish Takeover Panel. The transactions occurred amid ongoing market activities involving the hotel operator’s stock.

On May 13, 2025, J&E Davy engaged in both buying and selling of Dalata’s ordinary shares. The firm purchased a total of 50,214 shares at prices ranging from €5.277 to €5.315 each. Concurrently, it sold 51,496 shares with individual prices between €5.29 and €5.32. Additionally, the company reported smaller transactions in the UK market, buying 145 shares and selling 290 shares at prices around 450 GBX.

The disclosure, made public on May 14, 2025, is part of the standard reporting requirements under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. Such dealings are typical for principal traders like J&E Davy, which operate in a client-serving capacity and often engage in securities trading on behalf of their clients.

No other dealings in cash-settled derivatives or stock-settled derivative transactions were reported by J&E Davy in connection with Dalata Hotel Group PLC. Furthermore, the firm indicated that there are no indemnity or option arrangements, or any agreements or understandings relating to the relevant securities of Dalata Hotel Group that would serve as an inducement to deal or refrain from dealing.

The reported transactions do not suggest any significant change in the company’s ownership or signal any immediate corporate actions. Investors and market observers often monitor such trading activities for insights into market sentiment and potential strategic movements by connected parties.

This report is based on a press release statement and provides an overview of the disclosed trading activities without speculation on broader market implications or potential trends.

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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