Dalata Hotel Group PLC Announces Changes in Shareholding by GLG Partners LP

Dalata Hotel Group PLC disclosed a significant change in holdings by GLG Partners LP, a London-based investment management firm, according to a notification sent to both the company and the Central Bank of Ireland. The change, which took effect on April 3, 2024, saw GLG Partners LP crossing the 3% threshold of voting rights in the hotel group.

The notification details that GLG Partners LP now holds 3.09% of the voting rights directly through shares, alongside a less than 3% interest through financial instruments, culminating in a total interest of 3.78%. Prior to this adjustment, GLG Partners held a total interest of slightly over 3%, indicating a recent acquisition of shares.

This change in shareholding composition is notably the result of an acquisition or disposal of voting rights and an event changing the breakdown of voting rights, as specified by the investment firm. The total number of voting rights in Dalata Hotel Group PLC is reported as 224,261,937, placing GLG Partners LP's direct shareholding at 6,940,523 voting rights.