Dalata Hotel Group PLC Announces Shareholding Transactions for Top Executives

Dalata Hotel Group PLC has reported a series of transactions involving its top executives as part of its compliance with the Market Abuse Regulation of the European Union. The transactions involved Dermot Crowley, the Chief Executive Officer; Carol Phelan, the Chief Financial Officer; and Shane Casserly, the Corporate Development Director. These transactions were executed on April 2, 2024, in Dublin, Ireland.

The transactions include the conditional grant of awards under the Dalata Hotel Group PLC 2017 Long Term Incentive Plan (LTIP), with the delivery of shares contingent on the fulfillment of specific performance conditions outlined in the plan's rules and the company’s Remuneration Policy. The board determined the awards based on the shares' market value, calculated as €4.4882 per share, the volume-weighted average price on March 28, 2024, the last trading day before the grant date.

In addition, awards granted on March 28, 2021, under the same LTIP, have vested for all three executives. The vested amounts varied, with detailed volumes and token prices, reflecting the structured incentives Dalata Hotel Group applies to its leadership team.