Dalata Hotel Group Announces Cash Offer and Acquisition Agreement

Dalata Hotel Group PLC has announced the dispatch of its Scheme Document detailing the recommended cash offer from Pandox Ireland Tuck Limited. The offer stands at €6.45 per share, valuing Dalata at approximately €1.4 billion. This acquisition aims to consolidate Dalata's entire issued and to-be-issued share capital, excluding treasury and certain shares beneficially owned by Bidco.

The acquisition process requires approval through two Scheme Meetings and an extraordinary general meeting, all scheduled for September 11, 2025. Adjustments to the voting commitments align with applicable antitrust laws. The transaction agreement has been amended to reflect these changes.

Dalata will continue to provide updates through its investor relations website. Shareholders are urged to review the full Scheme Document and adhere to the specified voting guidelines to ensure their participation in this acquisition process.