Bank of America's Stake in Dalata Hotel Group Drops Below 4%

In a recent notification to the Central Bank of Ireland, Bank of America Corporation disclosed a change in its holdings in Dalata Hotel Group PLC. The notification, dated 14th July 2025, revealed that the financial institution's combined voting rights in Dalata have decreased to 3.970%. This is a decline from the previous holding of 4.132%, primarily due to adjustments in financial instruments.

The financial instruments in question include swaps with significant expiration dates stretching from 2026 to 2030. The breakdown shows a small direct voting rights percentage of 0.191%, with the remainder of 3.779% through financial instruments. This adjustment marks a notable change given Dalata's total voting rights of 211,483,988.

Bank of America Corporation, based in Wilmington, DE, holds these rights through a chain of controlled undertakings, including NB Holdings Corporation and BAC North America Holding Company.