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DUBLIN - J&E Davy Unlimited Company purchased 2,700 ordinary shares of Dalata Hotel Group PLC at €6.41 per share on September 29, according to a regulatory disclosure filed Tuesday.
The transaction was reported in a dealing disclosure under Rule 38.5(a) of the Irish Takeover Panel Act. J&E Davy is identified as an exempt principal trader with recognized intermediary status dealing in a client-serving capacity.
The filing indicates that Davy is connected to Dalata Hotel Group PLC in relation to the transaction. No other parties to any offer were involved in this specific dealing.
The disclosure, required under Irish takeover regulations, provides transparency regarding transactions by connected parties during potential offer periods. The purchased shares have a par value of €0.01 each.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio spanning Ireland and the United Kingdom.
The information was disclosed in a regulatory filing submitted to the Irish Takeover Panel, as required for transactions by connected exempt principal traders dealing in relevant securities.
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