Helikon Investments Increases Stake in Dalata Hotel Group

Helikon Investments Limited has increased its financial interest in Dalata Hotel Group PLC, as disclosed in a recent major holdings notification. The stake crossing the 17% threshold marks a significant increase from the previous 16.0067%. The notice, dated April 25, 2025, reflects the state of affairs as of April 24, 2025. This acquisition involved financial instruments, notably cash-settled equity swaps.

The Helikon Long Short Equity Fund Master ICAV is primarily responsible for managing this position through complex financial mechanisms. The swaps involve expiration dates range from November 2025 to February 2035. The aggregate voting rights through these financial instruments amount to 36 million shares, contributing an additional 17.0320% to the existing capital.

Helikon Investments Limited remains a key player in the Dalata Hotel Group's shareholder landscape. The control is exercised through a structured chain of undertakings headquartered in London, United Kingdom.