Dalata Hotel Group: Helikon Investments Exceeds 15% Threshold

Dalata Hotel Group PLC has revealed that Helikon Investments Limited, registered in London, has surpassed a significant holding threshold. As of January 8, 2025, Helikon's total voting rights reached 15.0205%, marking a notable acquisition of financial instruments. This development was formally communicated to Dalata on January 13, 2025.

The acquisition includes a variety of cash-settled equity swaps with expiration dates ranging from 2025 to 2027, accounting for the entirety of the 15.0205% voting rights, equivalent to 31,965,161 votes. The primary shareholder under Helikon Investments is the Helikon Long Short Equity Fund Master ICAV.

This increase in stake highlights the strategic movements within Dalata's shareholder base, potentially influencing its future governance. Dalata Hotel Group, a significant player in the hospitality sector, continues to navigate the dynamic landscape of major shareholder interests.