DUBLIN - Dalata Hotel Group PLC (ISE:DAL), an Irish hotel operator, has made a regulatory disclosure on Thursday, revealing the interests and short positions of its directors and certain parties acting in concert with the company. This disclosure is a standard procedure under the Irish Takeover Panel rules, specifically Rule 8.1(a) and (b), in the context of a potential takeover.
The disclosure, dated March 19, 2025, shows that the directors of Dalata Hotel Group hold a combined total of 1,617,773 ordinary shares, representing approximately 0.765% of the total issued share capital. Additionally, directors have interests in a total of 1,564,350 ordinary shares through outstanding options, awards, and other subscription rights.
The Employee Benefit Trust for the benefit of current and future employees of the company, managed by Computershare Trustees (Jersey) Limited, holds 1,173,653 ordinary shares, which is about 0.55% of the issued share capital. Moreover, the trustees of the Dalata Hotel Group plc Restricted Share Trust, Goodbody Trustees Limited, hold 998,804 ordinary shares for certain employees, amounting to 0.47%.
J&E Davy, considered a concert party of the offeree, owns and controls 77,591 ordinary shares, equating to 0.04% of the company. No interests or short positions in cash-settled or stock-settled derivatives were disclosed by any of the parties.
The disclosure did not report any indemnity or option arrangements, agreements, or understandings that could be an inducement to deal or refrain from dealing in the company’s securities. Additionally, no supplemental Form 8 was attached, indicating no open stock-settled derivative positions or agreements to purchase or sell relevant securities.
This announcement, based on a press release statement, is a routine part of the transparency required during takeover considerations and provides shareholders and the market with relevant information regarding the interests of the company’s directors and related parties.
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