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DUBLIN - J&E Davy Unlimited Company, an exempt principal trader connected to Dalata Hotel Group PLC, engaged in trading activities involving Dalata’s shares on Tuesday, April 29, 2025. According to a disclosure made on April 30, 2025, J&E Davy reported both purchasing and selling shares of Dalata Hotel Group, a prominent hotel operator.
On the buying side, J&E Davy acquired a total of 82,618 shares at prices ranging from €5.06 to €5.18 per share. Conversely, the company sold 45,464 shares with individual share prices between €5.04 and €5.16. These transactions occurred amidst the backdrop of a potential takeover situation involving Dalata Hotel Group, although no specific details regarding the takeover have been disclosed.
The report did not indicate any cash-settled or stock-settled derivative transactions, nor were there any other dealings such as subscriptions, conversions, or exercises of new securities related to Dalata Hotel Group. Additionally, J&E Davy confirmed that there were no indemnity or option arrangements, agreements, or understandings related to the relevant securities that could serve as an inducement to deal or refrain from dealing.
The dealings by J&E Davy are subject to rules set by the Irish Takeover Panel, specifically under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. These rules govern the disclosure of trading activities by connected exempt principal traders during takeover situations.
This information is based on a press release statement and provides insights into the trading movements of shares of Dalata Hotel Group by a connected party, which is a point of interest for investors and stakeholders monitoring the company’s stock performance and potential takeover developments.
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