Dalata Hotel Group PLC Purchases Own Shares

Dalata Hotel Group PLC, the leading hotel operator in Ireland, has announced the acquisition of 229,975 ordinary shares on Euronext Dublin. The purchases were made through Joh. Berenberg, Gossler & Co. KG, London Branch, on October 1, 2024. This action falls under the share buyback programme initiated on September 4, 2024.

The shares were bought at prices ranging from €4.06 to €4.15, with a volume-weighted average price of €4.0983. The company plans to cancel all repurchased shares, resulting in a total of 219,393,907 ordinary shares in issue, each carrying one voting right.

The repurchase aligns with Dalata’s strategy to optimize its capital structure and reduce outstanding shares. Shareholders may use the new total number of voting rights to determine any required notifications under the Transparency Regulations 2007.