Bank of America Crosses 5% Threshold in Dalata Hotel Group

The Dalata Hotel Group PLC has reported that Bank of America Corporation has crossed the 5% threshold in financial instruments related to the company's shares. This notification, filed on July 24, 2025, marks a significant change in the holdings of the hotel group, underlining an increase in financial instruments from a previous 3.768% to 5.395%.

The change indicates a strategic acquisition handled through various swaps set to expire between January 2026 and February 2028, with notable positions on swaps expiring in April 2026, accounting for 3.425% of voting rights. Held under the umbrella of several subsidiaries, including Merrill Lynch International, these changes reflect a consolidated approach to managing voting rights, even though direct shareholding remains at 0%.

This development emphasizes Bank of America's expanding influence in the operational decisions of Dalata, adding another layer to the financial relationships within the hospitality sector.