J&E Davy reports trading in Dalata Hotel Group shares

Published 05/06/2025, 09:54
J&E Davy reports trading in Dalata Hotel Group shares

DUBLIN - J&E Davy Unlimited Company, a Dublin-based financial services firm, disclosed its recent trading activities involving shares of Dalata Hotel Group PLC on Thursday. The transactions were conducted on Wednesday, according to a regulatory filing with the Irish Takeover Panel.

The firm, acting as an exempt principal trader connected to Dalata Hotel Group, engaged in both buying and selling of the hotel chain’s ordinary shares denominated in EUR and GBX. The trading involved 299,462 shares purchased at a highest price of 6.2 EUR and lowest at 6.05 EUR, alongside the sale of 310,739 shares at prices ranging from 6.25 EUR to 6.08 EUR. Additionally, J&E Davy bought 2,223 shares at a highest price of 519.3 GBX and sold 1,997 shares with the highest price being 525 GBX.

No cash-settled derivative transactions were reported, and there were no stock-settled derivative transactions such as options listed in the disclosure. Furthermore, the firm confirmed that there were no indemnity or option arrangements, nor any agreements or understandings related to the voting rights of any relevant securities under any options, or concerning the voting rights or future acquisition or disposal of any relevant securities tied to any derivatives referenced in the form.

The disclosure, dated June 5, 2025, and provided by RNS, the news service of the London Stock Exchange (LON:LSEG), is a routine compliance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. It is part of mandatory public disclosures required under Rule 38 of the Rules, aimed at ensuring transparency in trading activities related to companies involved in takeover situations.

Dalata Hotel Group PLC, listed on the Irish Stock Exchange, is a leading hotel operator in Ireland with a growing presence in the United Kingdom (TADAWUL:4280). The company’s shares are traded under the ticker DAL, and the recent trading activity by J&E Davy could be of interest to investors monitoring the hospitality sector.

This report is based on a press release statement and aims to provide investors with a clear and factual overview of the disclosed dealings without any promotional content or speculative insights.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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