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DUBLIN - Investment firm UBS O’Connor has disclosed a 1.2% stake in Dalata Hotel Group PLC, according to a regulatory filing published Wednesday under Irish takeover disclosure rules.
The filing shows UBS O’Connor holds 2,577,426 shares, representing approximately 1.2187% of the Irish hotel operator through derivatives positions. The disclosure follows a purchase of 200,000 shares at €6.3779 per unit on August 5.
The disclosure was made in accordance with Rule 8.3 of the Irish Takeover Panel Act, which requires public disclosure of dealings by persons with interests representing 1% or more in companies involved in takeover situations.
The filing indicates the position is held through contracts for difference (CFDs) rather than direct share ownership. No short positions in Dalata were reported by UBS O’Connor.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the UK under the Clayton and Maldron brands.
The disclosure document was submitted to the Regulatory News Service (RNS) of the London Stock Exchange (LON:LSEG), where Dalata’s shares are listed.
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