Dalata Hotel Group Engages in Share Buyback

Dalata Hotel Group PLC, Ireland's largest hotel operator, has completed a significant share buyback. On 9 October 2024, the company repurchased 231,857 ordinary shares at prices ranging from €3.99 to €4.03 per share on Euronext Dublin. The average price was €4.0104 per share. The buyback was executed through Joh. Berenberg, Gossler & Co. KG, under the terms announced on 4 September 2024.

Following this transaction, Dalata intends to cancel all repurchased shares, which will leave the company with 217,853,288 ordinary shares, each carrying one voting right. This adjustment is part of Dalata's strategy to manage its share capital effectively.

Shareholders can reference the new total for future reporting requirements under the applicable transparency regulations. The buyback operation aligns with Dalata's commitment to enhance shareholder value amidst its expansion in the UK and Continental Europe.