Last checked at 4 Mar 2020 09:40
BLOCK LISTING APPLICATION
ISE: DHG LSE: DAL
Dublin, 4 March 2020 | Dalata Hotel Group plc ("Dalata" or the "Group"), Ireland's largest hotel operator, today announces that a block listing application has been made to Euronext Dublin and to the UK Listing Authority for a total of 560,000 Ordinary Share of €0.01 each ("shares") to be admitted to the Official List of the UK Listing Authority and to the Official List of Euronext Dublin and application has been made to Euronext Dublin and the London Stock Exchange for these shares to be admitted to trading.
Dealings in these shares are expected to commence on the 11th March 2020.
These shares are being reserved under a block listing and will be allotted from time to time pursuant to the Dalata Hotel Group plc 2017 Long Term Incentive Plan and will rank pari passu with the existing Ordinary Shares.
Contacts
Dalata Hotel Group plc Sean McKeon, Company Secretary and Head of Risk and Compliance T: +353 1 206 9400 E: smckeon@dalatahotelgroup.com
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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 30 owned hotels, 11 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. Dalata now has close to 5,000 employees. 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