Man Group PLC Updates on Dalata Hotel Group Position
Key Information Alongside Dalata Hotel Group
The following report outlines the interests and dealings of Man Group PLC concerning Dalata Hotel Group plc's relevant securities. It is in compliance with the Irish Takeover Panel Act, ensuring transparency for interested stakeholders.
Full Name of the Discloser
Man Group PLC is the discloser of interests and short positions related to Dalata Hotel Group plc's securities.
Details of Interests in Relevant Securities
Man Group PLC holds the following interests:
Ownership and Control
The disclosure highlights an ownership of 5,081,439 shares, which represents approximately 2.40% of the total shareholding of Dalata Hotel Group plc. This figure encompasses entire beneficial ownership of ordinary shares, showcasing significant involvement in the hotel group.
Cash-Settled Derivatives
In addition to direct ownership, Man Group PLC holds 1,509,367 cash-settled derivatives, corresponding to 0.71% of the relevant securities.
Recent Dealings by Man Group PLC
Data regarding any recent transactions illustrates ongoing strategic trading activities with the securities of Dalata Hotel Group plc.
Purchases and Sales
Recent transactions include the sale of 17,130 shares at a price of €5.512, and an additional sale of 779 shares priced at €5.550, indicating active market engagement.
Derivatives Transactions
The report also specifies a reduction in long positions executed through equity swaps, indicating strategic alignment with market trends, such as decreasing a total of 3,530 shares at an approximate average price of €5.512.
Advisory Notes on Disclosures
Man Group PLC emphasizes the importance of reported positions, acknowledging that all interests must be transparently revealed in accordance with regulatory requirements. Any alterations or updates to reported positions must also be promptly communicated.
Operational Integrity
In adherence to the guidelines under the Irish Takeover Rules from 2022, the disclosure maintains operational integrity, ensuring stakeholders receive accurate and timely information.
Contact Information for Further Inquiries
For further inquiries, please contact:
Mackenzie Terry
Telephone: +442071441555
Frequently Asked Questions
What is the purpose of this disclosure?
This disclosure is provided to inform the market about Man Group PLC's interests and dealings in the securities of Dalata Hotel Group plc, ensuring transparency and compliance with regulations.
How many shares does Man Group PLC currently own?
Man Group PLC currently holds 5,081,439 shares of Dalata Hotel Group plc, representing 2.40% of the company’s total shares.
What kind of derivatives does Man Group possess?
Man Group possesses cash-settled derivatives amounting to 1,509,367 units, allowing them to manage their exposure to Dalata's stocks effectively.
What is the importance of this report?
This report serves to keep stakeholders informed about significant stockholding and trading activities relating to Dalata Hotel Group plc, enhancing market monitoring.
How can I contact Man Group for more information?
You can reach out to Mackenzie Terry via phone at +442071441555 for any further inquiries related to this disclosure.
About The Author
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