on Dalata Hotel Group PLC (isin : IE00BJMZDW83)
Dalata Hotel Group Sees Increase in Major Holdings by Helikon
Dalata Hotel Group PLC has observed a significant change in its major holdings. Helikon Investments Limited, based in London, has updated its financial position concerning the group. The latest notification reveals an increase in Helikon's holdings, surpassing the 11% threshold, a considerable rise from the previous position of 10.04%.
The increase is primarily driven by cash-settled equity swaps, maturing between late 2024 and early 2027. These swaps represent a cumulative 11.4139% of the voting rights, equivalent to 24,800,687 shares out of 217,285,417 total voting rights.
The notification underscores Helikon Long Short Equity Fund Master ICAV's role in managing the acquisition. This change highlights shifts in strategic financial interests within the Dalata Hotel Group.
R. H.
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