UBS Group AG Increases Stake in Dalata Hotel Group PLC

Dalata Hotel Group PLC has announced a change in major holdings. As of January 14, 2025, UBS Group AG, through its subsidiaries UBS Investment Bank & Wealth Management, has reached a new threshold of voting rights. The notification indicates an acquisition of financial instruments rather than a direct voting rights purchase.

UBS AG, based in Zurich, Switzerland, now holds 4.08% of voting rights through financial instruments, alongside 0.19% through direct voting rights, totaling 4.27%. This increase from the previous notification underscores UBS's growing interest in Dalata Hotel Group, a prominent player in the hospitality sector.

This development emphasizes the strategic alignment UBS seeks through financial maneuvers, using swaps and other instruments to solidify its position without directly altering voting rights. The change will further align Dalata's stakeholder composition with UBS's investment strategies.