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DUBLIN - J&E Davy Unlimited Company, a connected exempt principal trader, disclosed its recent dealings in shares of Dalata Hotel Group PLC, as per the requirements of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The transactions took place on Monday, May 30, 2025, involving both purchases and sales of Dalata’s ordinary shares.
The company bought a total of 62,424 Dalata shares at prices ranging from 5.67 to 5.78 EUR and sold 125,932 shares within the same price bracket. Additionally, J&E Davy engaged in trading the company’s shares on the London Stock Exchange (LON:LSEG), buying 3,169 shares at prices between 469 and 482.88 GBX and selling 5,425 shares at prices from 469 to 490 GBX.
No cash-settled derivatives transactions were reported, and there were no stock-settled derivative transactions such as options writing, selling, purchasing, or varying. Moreover, the disclosure indicated no other dealings in new securities and stated that there were no indemnity or option arrangements, or any agreements or understandings that could be an inducement to deal or refrain from dealing.
The dealings occurred in the context of the rules governing the actions of principal traders during takeover situations. Under these rules, traders must disclose their trading activities to ensure transparency and fair play in the market.
Zaid Ahmad, the contact person from J&E Davy, provided the disclosure details on June 2, 2025. The company confirmed that there were no agreements, arrangements, or understandings relating to the voting rights of any relevant securities under any options or derivatives.
This trading activity comes amid strict regulatory oversight designed to maintain orderly markets during sensitive periods such as takeovers, where information and transactions are closely monitored to prevent any unfair advantage.
The information in this article is based on a press release statement and has been presented without any promotional content or bias, focusing solely on the factual aspects of the trading activity as disclosed by J&E Davy Unlimited Company.
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