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DUBLIN - J&E Davy Unlimited Company, an exempt principal trader connected to Dalata Hotel Group PLC, disclosed trading activities involving the company’s shares on Monday, according to a filing with the Irish Takeover Panel. The transactions occurred amid ongoing market speculations about potential corporate actions.
On May 12, 2025, J&E Davy engaged in buying and selling Dalata Hotel Group’s ordinary shares. The firm purchased a total of 85,002 shares at prices ranging between €5.25 and €5.35 per unit. Concurrently, it sold 60,716 shares with individual prices spanning from €5.23 to €5.37. The dealings were part of the trader’s client-serving capacity, and no other transactions in derivatives or other classes of securities were reported.
The disclosure, made on May 13, 2025, is a regulatory requirement under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates public transparency of trading by connected exempt principal traders during takeover talks or speculation.
There were no details of indemnity or option arrangements, agreements, or understandings relating to relevant securities disclosed by J&E Davy. This suggests that the trading activity was not influenced by any inducement to deal or refrain from dealing agreed upon with any party to a potential offer or any person acting in concert with such a party.
The transactions took place against a backdrop of interest in the hospitality sector, as investors and industry observers closely watch corporate developments that could indicate shifts in market dynamics or strategic positioning.
The information is based on a press release statement and provides an insight into the trading activity of shares of Dalata Hotel Group PLC by a connected party, which is of interest to stakeholders and the investing public.
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