Dalata Hotel Group Executes Share Buyback

Dalata Hotel Group PLC, the prominent hotel operator in Ireland, recently announced the repurchase of 140,000 of its ordinary shares on Euronext Dublin. Transactions were completed through Joh. Berenberg, Gossler & Co. KG, London Branch, under the Share Buyback Programme initiated on October 15, 2024.

The shares were bought at prices ranging from €4.35 to €4.40, with an average price of €4.3840. The repurchased shares are set for cancellation, leaving the company with 215,341,413 ordinary shares holding equal voting rights. Dalata, with growing operations in the UK and Europe, confirms there are no shares held in treasury. This transaction aligns with regulations under the Market Abuse Regulation and EU law guidelines.