Gold bars to be exempt from tariffs, White House clarifies
DUBLIN - Starwood Capital Group has disclosed a 1.13% stake in Dalata Hotel Group plc, according to a regulatory filing published Friday.
The investment firm reported ownership of 2,392,308 ordinary shares in the Irish hotel operator, as detailed in an opening position disclosure filed with the Irish Takeover Panel.
The filing also revealed that Starwood Capital, through its entity Dakar SCSp, sold 1,120,000 shares of Dalata on Thursday at a price of €6.38 per share. The transactions were broken down into three separate sales of 500,000, 400,000, and 220,000 shares.
The disclosure was made in compliance with Rule 8.3 of the Irish Takeover Panel Act, which requires persons with interests in relevant securities representing 1% or more to disclose their positions.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio that includes the Clayton and Maldron hotel brands. The company operates properties across Ireland, the United Kingdom (TADAWUL:4280), and continental Europe.
The filing did not indicate any cash-settled derivatives, stock-settled derivatives, or other dealing arrangements related to Dalata securities.
Thomas Tolley, European General Counsel for Starwood Capital, was listed as the contact person on the disclosure document.
The information was provided through a regulatory news service filing, which is standard practice for such disclosures in accordance with market transparency requirements.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.