Dalata Hotel Group PLC Announces €25 Million Share Buy-back Programme

Dalata Hotel Group PLC has announced the initiation of a share buy-back programme worth up to €25 million. This strategic move involves non-discretionary agreements with J&E Davy and Joh. Berenberg, Gossler & Co. KG. The goal is to purchase the company’s ordinary shares, aiming to reduce its share capital. The execution of the programme hinges on market conditions, with its progression being periodically assessed by the board.

The purchases will be conducted on Euronext Dublin and are subject to European Union regulations. Shares bought through block trades by the involved parties, acting as company agents, will count toward the programme’s maximum limits. Dalata's board ensures adherence to its capital allocation strategy with this initiative.