Dalata Hotel Group Executes Share Buyback

Dalata Hotel Group PLC, a leading hotel operator in Ireland with expanding operations in the UK and continental Europe, has executed a share buyback transaction. On October 23, 2024, Dalata repurchased 95,337 ordinary shares on Euronext Dublin through its broker, Berenberg. This move is part of an ongoing Share Buyback Programme initially announced on October 15, 2024.

The purchase was executed at prices ranging from €4.28 to €4.32 per share, with a volume-weighted average price of €4.2844. All repurchased shares will be cancelled, resulting in a post-cancellation total of 216,372,191 voting shares in circulation.

This transaction aims to enhance shareholder value by reducing the number of shares, thus potentially increasing earnings per share. Shareholders can utilize this updated figure for regulatory notifications concerning their interests in Dalata Hotel Group.