DUBLIN - Dalata Hotel Group PLC (ISE:DAL), a leading hotel operator in Ireland, disclosed on March 14, 2025, that an Employee Benefit Trust, managed by Computershare Trustees (Jersey) Limited, purchased shares in the company for the benefit of current and future employees. The transactions took place on March 7, 10, and 11, with a total of 1,169,500 shares acquired at prices ranging from €5.45 to €5.60.
The Employee Benefit Trust now holds a total of 1,173,653 ordinary shares in Dalata Hotel Group, representing approximately 0.55% of the company’s issued share capital. These transactions are part of the company’s long-term incentive plan aimed at aligning the interests of employees with those of shareholders.
Dalata Hotel Group, which operates under the Maldron Hotel and Clayton Hotel brands, has been expanding its presence across key cities in Ireland and the UK. The stock purchases by the Employee Benefit Trust come as the company continues to focus on growth and enhancing shareholder value.
The company has stated that there are no other dealings in respect of any other party to the offer, and there are no indemnity or option arrangements or any agreements, arrangements, or understandings relating to the voting rights of any relevant securities under any option referred to on the form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on the form is referenced.
The information contained in this article is based on a press release statement by Dalata Hotel Group PLC and is intended to provide shareholders and the investment community with relevant updates on the company’s equity transactions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.