Dalata Hotel Group Executes Share Buyback Programme

Dalata Hotel Group PLC, Ireland's leading hotel operator, announced the repurchase of 295,903 ordinary shares. The transaction took place on October 11, 2024, via Euronext Dublin. The shares were acquired through Joh. Berenberg, Gossler & Co. KG, London Branch, as part of a strategic share buyback initiative announced on September 4, 2024.

The shares were purchased at a price range from €3.98 to €4.07, with a volume-weighted average price of €4.0128 per share. Dalata plans to cancel the repurchased shares, reducing its total number of ordinary shares to 217,285,417, each carrying one voting right.

This reduction simplifies shareholders' calculations concerning notification requirements under existing regulatory frameworks. Dalata continues to expand in the UK and Continental Europe, leveraging this buyback to optimize its capital structure.