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LONDON - Investment management firm M&G PLC has disclosed a 0.44% interest in the Dalata Hotel Group PLC, a leading hotel operator in Ireland. The disclosure, which adheres to the Irish Takeover Panel’s Rule 8.3, was made public on March 07, 2025, reflecting the firm’s position as of March 06, 2025.
M&G PLC, through its subsidiary M&G Investment Management Limited, reported ownership of 941,842 ordinary shares in Dalata Hotel Group, representing less than half a percent of the company’s issued share capital. The disclosure is a routine requirement for entities holding interests in relevant securities exceeding 1%.
The investment firm did not report any short positions or dealings in cash-settled or stock-settled derivatives related to Dalata Hotel Group securities. Additionally, there were no dealings by the person making the disclosure.
The London Stock Exchange (LON:LSEG)’s Regulatory Information Service notes that there were no indemnity or option arrangements, agreements, or understandings related to relevant securities that may be an inducement to deal or refrain from dealing. M&G PLC also confirmed that no supplemental Form 8 was attached to the disclosure.
This announcement is part of the standard public disclosures required under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. It is intended to ensure transparency in the market and provide investors with timely information regarding significant shareholdings in public companies.
The information in this article is based on a press release statement and is intended to present only the facts without any promotional content or subjective assessment.
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