J&E Davy reports trading activity in Dalata Hotel Group shares

DUBLIN - J&E Davy Unlimited Company, a connected exempt principal trader, disclosed its recent trading activities involving shares of Dalata Hotel Group PLC, as required by the Irish Takeover Panel’s rules. On Monday, the firm engaged in both buying and selling of Dalata’s ordinary shares, which are listed on the stock exchange.

The transactions included the purchase of 19,151 shares at a highest price of 5.2 EUR per unit and the sale of 25,823 shares with the highest price received being 5.205 EUR per unit. Additionally, J&E Davy bought 29 shares at 433 GBX (Great British Pence) and sold 38 shares at a price up to 439.88 GBX.

These dealings are part of the normal course of trading activities by J&E Davy and are disclosed following the regulations set by the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The company has confirmed that there are no indemnity or option arrangements, or agreements or understandings in place related to these securities that would serve as an inducement to deal or refrain from dealing.

The disclosure, dated today, was made public in accordance with the rules that mandate transparency of trading activities by principal traders connected to the parties of an offer. This ensures that all market participants have access to the same information and helps maintain market integrity.

J&E Davy serves as a recognized intermediary, and in this capacity, it handles client-related transactions, providing services such as investment advice and dealing in financial instruments. The dealings reported pertain exclusively to Dalata Hotel Group PLC and do not involve any other party to the offer.

The information regarding these transactions is based on a press release statement and is essential for investors and the public to be informed about the trading activities of shares within the market.

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