Dalata Hotel Gp Regulatory News (DAL)

 AGM RESULTS

ISE: DHG LSE: DAL

Dublin, 29 April 2020 | Dalata Hotel Group plc ("Dalata" or the "Group"), the largest hotel operator in Ireland with a growing presence in the United Kingdom, today announces that all resolutions proposed at the Annual General Meeting of the Company were passed.

Voting on all resolutions was conducted by poll and the results are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to shareholders on 30 March 2020 and made available on the Company's website www.dalatahotelgroup.com .

An audio recording of today's Annual General Meeting is also available on the Companys's website www.dalatahotelgroup.com

In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both Euronext Dublin and the UK National Storage Mechanism and will shortly be available for inspection at the following locations: -

Companies Announcements Office,

Euronext Dublin

28 Anglesea Street

Dublin 2

And

http://www.morningstar.co.uk/uk/NSM

The results of the proxy voting received for each resolution, are outlined below.

Resolution 1:

To receive and consider the annual report and accounts for the year ended 31 December 2019 together with the reports of the Directors and Auditors.

Resolution 2:

To receive and consider the Directors' Report on Remuneration for the year ended 31 December 2019.

Resolution 3:

To receive and consider the Director's Remuneration Policy

Resolution 4 (a):

To re-appoint John Hennessy as a Director

Resolution 4 (b):

To re-appoint Pat McCann as a Director

Resolution 4 (c):

To re-appoint Stephen McNally as a Director.

Resolution 4 (d):

To re-appoint Dermot Crowley as a Director.

Resolution 4 (e):

To re-appoint Robert Dix as a Director.

Resolution 4 (f):

To re-appoint Alf Smiddy as a Director.

Resolution 4 (g):

To re-appoint Margaret Sweeney as a Director.

Resolution 4 (h):

To re-appoint Elizabeth McMeikan as a Director.

Resolution 4 (i):

To re-appoint Shane Casserly as a Director.

Resolution 5:

To authorise the Directors to determine the remuneration of the Auditors.

Resolution 6:

To authorise the Directors to allot shares.

Resolution 7:

Special resolution to authorise the Directors to dis-apply statutory pre-emption rights.

Resolution 8:

Special resolution to authorise the Directors to dis-apply statutory pre-emption rights in additional circumstances

Resolution 9:

Special resolution to authorise the Directors to make market purchases of the Company's shares

Resolution 10:

Special resolution to authorise the Directors to re-allot treasury shares

Resolution 11:

Special resolution to allow the Director's to call a general meeting using the shorter notice period (14 clear days)

The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

ENDS

About Dalata

Dalata Hotel Group plc was founded in August 2007 and listed as a plc in March 2014. Dalata has a strategy of owning or leasing its hotels and also has a small number of management contracts. The Group's portfolio now consists of 29 owned hotels, 12 leased hotels and three management contracts with a total of 9,208 bedrooms. In addition to this, the Group is currently developing 11 new hotels and has plans to extend two of its existing hotels, with a total of 2,871 bedrooms due to open over the next three years. This will bring the total number of bedrooms in Dalata to over 12,000. For the full year 2019, Dalata reported revenue of €429.2 million and a profit after tax of €78.2 million. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com