Morgan Stanley again adjusts its Fed forecast, now sees 4 cuts in 2026
DUBLIN - J&E Davy Unlimited Company, a connected exempt principal trader, disclosed its recent dealings in the shares of Dalata Hotel Group PLC, a prominent hotel operator in Ireland. On Monday, the company engaged in both buying and selling shares of Dalata Hotel Group.
According to the disclosure made on April 16, 2025, J&E Davy purchased a total of 18,721 shares at prices ranging from €5.08 to €5.25 per unit. Concurrently, the firm sold 11,024 shares at prices between €5.05 and €5.21 each. These transactions took place against the backdrop of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which governs trading activities during takeover deals.
The dealings by J&E Davy were conducted in relation to Dalata Hotel Group PLC, with which the trader is connected. The disclosure did not report any dealings in cash-settled derivatives or stock-settled derivative transactions, such as options, and there were no other dealings reported, including transactions in respect of new securities.
Furthermore, the disclosure stated that there are no indemnity or option arrangements, or any agreements or understandings relating to the relevant securities that may be an inducement to deal or refrain from dealing. It also confirmed the absence of any agreements, arrangements, or understandings relating to options or derivatives connected to voting rights.
The reported trading activity comes amidst a climate of keen investor interest in the hospitality sector, which has been showing signs of recovery following the disruptions caused by the global pandemic. Dalata Hotel Group, being a significant player in this market, often features in the investment strategies of major trading firms.
This information is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.