Dalata Hotel Group PLC Announces Block Listing Application

Dalata Hotel Group PLC, Ireland's largest hotel operator, has declared its intention to apply for a block listing of 1,271,014 Ordinary Shares of €0.01 each, under its Dalata Hotel Group plc SAYE 2020 Scheme. This move is part of the company's ongoing efforts to expand its presence not only in Ireland but also across the United Kingdom and Continental Europe. The shares will undergo admission processes for listing on both the Euronext Dublin and the London Stock Exchange, with an expected effective date on 7 March 2024.

The new shares, upon issue, will be fully paid and are set to rank equally in all respects with the existing Ordinary Shares of Dalata. This initiative reflects Dalata's continuing growth and operational expansion strategy. As a leading hotel operator, Dalata boasts a robust portfolio through its two main brands, Clayton and Maldron Hotels, signifying its ambitious plans for further developments in key cities within the UK and Continental Europe.