UBS Group AG Increases Holdings in Dalata Hotel Group PLC

Dalata Hotel Group PLC announced a significant change in major holdings, as reported on 4 November 2024. UBS Group AG, through its Investment Bank & Wealth Management division, has increased its financial interests in Dalata. The notification revealed the crossing of a 3% threshold on 31 October 2024.

The current holdings of UBS include 0.68% of voting rights attached to shares and 3.36% through financial instruments. In total, UBS holds a 4.04% position in Dalata. This marks an increase from a previous position of 3.71%.

The financial instruments include rights to recall lent shares and substitution rights on collateral, with a notable swap on a basket expiring in 2027. UBS's holdings are managed through a chain of controlled undertakings, prominently UBS AG, indicating a strategic financial positioning in the hospitality group.