Domo signs strategic collaboration agreement with AWS for AI solutions
DUBLIN - J&E Davy Unlimited Company, a connected exempt principal trader, disclosed its recent trading activities involving shares of Dalata Hotel Group PLC on Thursday, May 26, 2025, according to a statement released on Friday.
The Dublin-based financial services firm engaged in buying and selling shares of Dalata Hotel Group, a prominent hotel operator in Ireland. The transactions included the purchase of 341,953 shares at prices ranging from €5.66 to €5.75 per share and the sale of 420,473 shares within the same price bracket.
The dealings were made in the context of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which governs the conduct of trading activities during takeover events. However, the statement clarified that J&E Davy is not making disclosures concerning any other party to the offer, indicating that the trades were specific to Dalata Hotel Group PLC.
No cash-settled derivative transactions were reported, nor were there any stock-settled derivative transactions, such as options, related to Dalata Hotel Group shares. Additionally, the disclosure stated that there are no indemnity or option arrangements, agreements, or understandings related to relevant securities that may serve as an inducement to deal or refrain from dealing.
The information provided is based on a press release statement and is intended to comply with the requirements set by the Irish Takeover Panel for transparency in dealings by connected exempt principal traders.
This disclosure comes amid a time when market participants closely monitor trading activity for signs of strategic movements, especially in the context of potential takeovers. The disclosed trades by J&E Davy Unlimited Company offer insights into the dealings with shares of Dalata Hotel Group PLC, which could be of interest to investors and stakeholders monitoring the company’s stock performance.
Contact details for further inquiries were provided, with Kieren Kelly as the point of contact and a telephone number for J&E Davy Unlimited Company, indicating the firm’s compliance with the disclosure obligations under the relevant rules.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.