Dalata Hotel Group Commences Share Buyback Program

Dalata Hotel Group PLC, Ireland's largest hotel operator with expanding operations in the UK and Europe, has executed a significant transaction involving its own ordinary shares. On October 24, 2024, the company repurchased 140,000 shares at prices ranging from €4.27 to €4.33 per share on Euronext Dublin, through Joh. Berenberg, Gossler & Co. KG, London Branch. The volume-weighted average price per share was €4.2947.

This transaction is part of the Share Buyback Programme announced earlier in the month. Dalata plans to cancel the repurchased shares, resulting in 216,232,191 ordinary shares with voting rights, post-cancellation. This buyback aligns with Article 5(1)(b) of Regulation (EU) No 596/2014, part of the UK's retained EU law framework.