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DUBLIN - J&E Davy Unlimited Company, an exempt principal trader connected to Dalata Hotel Group PLC, disclosed its trading activities involving the hotel group’s shares on May 29, 2025. According to the information provided to the Regulatory Information Service, the firm engaged in both buying and selling of Dalata’s ordinary shares.
The transactions reported included the purchase of 105,826 ordinary shares at a highest price of 5.77 EUR per unit and a lowest price of 5.655 EUR per unit. Additionally, J&E Davy sold 142,907 ordinary shares at the same price range. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported.
This dealing disclosure is mandated under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The rules require that any connected exempt principal trader with recognized intermediary status, dealing in a client-serving capacity, must publicly disclose their trading activities in relation to the securities of the offeror or offeree in a takeover situation.
There were no indemnity or option arrangements, or any agreements or understandings reported that could be an inducement to deal or refrain from dealing in the relevant securities. Similarly, no agreements, arrangements, or understandings relating to options or derivatives were disclosed.
The information provided is based on a press release statement and is intended for regulatory purposes, ensuring transparency in the market and providing investors with relevant data on trading activities that could potentially influence the price of Dalata Hotel Group PLC’s securities.
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