Dalata Hotel Group PLC: HOL-Holding(s) in Company*
April 16, 2024 at 04:58 am EDT
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Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group PLC: HOL-Holding(s) in Company*
16-Apr-2024 / 09:56 GMT/BST
Standard Form TR-1
Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
Dalata Hotel Group PLC
2. Reason for the notification (please tick the appropriate box or boxes):
[ ] An acquisition or disposal of voting rights
[ x ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
3. Details of person subject to the notification obligationiv:
Name:
Helikon Investments Limited
City and country of registered office (if applicable):
London, United Kingdom
4. Full name of shareholder(s) (if different from 3.)v:
Helikon Long Short Equity Fund Master ICAV
5. Date on which the threshold was crossed or reachedvi:
11th April 2024
6. Date on which issuer notified:
15th April 2024
7. Threshold(s) that is/are crossed or reached:
Above 5%
8. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 9.A)
% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)
Total of both in % (9.A + 9.B)
Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached
5.4473%
5.4473%
224,261,937
Position of previous notification (if applicable)
4.0618%
4.0618%
9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of shares
ISIN code (if possible)
Number of voting rightsix
% of voting rights
Direct
Indirect
Direct
Indirect
SUBTOTAL A
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial instrument
Expiration datex
Exercise/ Conversion Periodxi
Number of voting rights that may be acquired if the instrument is exercised/converted.
% of voting rights
SUBTOTAL B.1
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument
Expiration datex
Exercise/ Conversion Period xi
Physical or cash settlementxii
Number of voting rights
% of voting rights
Cash-settled Equity Swap
17/12/2024
17/12/2024
Cash
3,095,837
1.3805%
Cash-settled Equity Swap
09/02/2026
09/02/2026
Cash
2,495,800
1.1129%
Cash-settled Equity Swap
02/10/2026
02/10/2026
Cash
1,521,870
0.6786%
Cash-settled Equity Swap
30/01/2026
30/01/2026
Cash
5,102,635
2.2753%
SUBTOTAL B.2
12,216,142
5.4473%
10. Information in relation to the person subject to the notification obligation (please tick the applicable box):
[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii
[x] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:
Namexv
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Helikon Long Short Equity Fund Master ICAV
5.4473%
5.4473%
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
Done atLondon on 15th April 2024.
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Dalata Hotel Group plc is Ireland's largest hotel operator, with a growing presence in the UK and continental Europe. The group's portfolio comprises 50 three and four-star hotels with 10,953 rooms and a pipeline of over 1,300 rooms.
Dalata Hotel Group plc currently has 29 owned hotels, 18 leased hotels and three management contracts. The group successfully operates Ireland's two largest hotel brands, the Clayton and the Maldron Hotels.