Dalata Hotel Group PLC Executes Share Buyback

On 8 October 2024, Dalata Hotel Group PLC, Ireland's leading hotel operator, acquired 360,000 of its ordinary shares on Euronext Dublin. This transaction was conducted through Joh. Berenberg, Gossler & Co. KG, under the Share Buyback Programme initiated on 4 September 2024. Dalata aims to cancel all repurchased shares.

The purchase prices ranged from €3.93 to €3.99 per share, with a volume-weighted average price of €3.9605. Post-transaction, Dalata will have 218,085,145 ordinary shares in issue, with each share granting one voting right. This total is crucial for shareholders' transparency obligations under Directive 2004/109/EC Regulations 2007.

This buyback adheres to Article 5(1)(b) of the Market Abuse Regulation, part of the EU’s Retained Law post-Brexit. It further strengthens Dalata's position in the hotel sector across Ireland, the UK, and Europe.