BLOCK LISTING APPLICATION
ISE: DHG LSE: DAL
Dublin, 9 April 2018 | Dalata Hotel Group plc ("Dalata" or the "Group"), Ireland's largest hotel operator, today announces that a block listing application has been made to the Irish Stock Exchange and to the UK Listing Authority for a total of 595,962 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 the Irish Stock Exchange and application has been made to the Irish Stock Exchange and the London Stock Exchange for these shares to be admitted to trading.
Dealings in these shares are expected to commence on the 10 April 2018.
These shares are being reserved under a block listing and will be allotted from time to time pursuant to the Dalata Hotel Group Plc 2014 Long Term Incentive Plan and will rank pari passu with the existing Ordinary Shares.
Dalata Hotel Group plc
Sean McKeon, Company Secretary
T: +353 1 206 9400
Dalata Hotel Group plc is Ireland's largest hotel operator with a growing presence in the United Kingdom. The Group's current portfolio consists of 39 hotels with over 7,800 rooms and an additional 1,997 rooms are currently being developed. Dalata successfully operates Ireland's two largest hotel brands, Clayton Hotels and Maldron Hotels across Ireland and the UK, as well as managing a small portfolio of partner properties. 27 of the hotels are owned by Dalata, nine hotels are operated under lease agreements and three are operated under management agreements. For the full year 2017, Dalata reported revenue of €348.5 million and a profit after tax of €68.3 million. Dalata is listed on the Main Market of the Irish Stock Exchange (DHG) and the London Stock Exchange (DAL).
For further information visit: www.dalatahotelgroup.com
This information is provided by RNS