Dalata Hotel Group PLC Announces Clarification on Final Dividend Record Date

Dalata Hotel Group PLC (DAL, DHG) has issued a clarification regarding the record date for its final proposed dividend. The company had previously released its 2023 Preliminary Financial Results on February 29, 2024, where an amendment was necessary. Originally, the documentation incorrectly listed the record date for dividend eligibility as April 25, 2024. Dalata has now corrected this misinformation, stating that the accurate record date is April 5, 2024.

The correction stems from the board's proposal on February 28, 2024, for a final dividend of 8 cents per share, amounting to a total proposed dividend of €17.9 million based on shares in issue as of December 31, 2023. This proposal is pending approval by shareholders at the upcoming Annual General Meeting. The finalized dividend, if approved, will be distributed on May 1, 2024, to shareholders who are on the register by the revised record date of April 5, 2024.

This clarification is crucial for shareholders to ensure their eligibility for the proposed dividend payment. Dalata Hotel Group PLC emphasizes that the previously mentioned record date in the financial statements was an error and has been duly corrected to avoid any confusion.