Source - LSE Regulatory
RNS Number : 8606O
J.P. Morgan AG
11 February 2021
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH AN OFFER TO PURCHASE SHARES WOULD BE PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER OF SECURITIES OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION.

PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT

 

Press Release, 11 February 2021

Inside Information

J.P. Morgan AG was recently engaged to act as dealer-manager to intermediate the purchase of a financial investment of up to approximately €110 million in ordinary shares of Dalata Hotel Group plc (the "Company") by a European corporate with multiple minority holdings (the "Purchaser"), at a price between €3.50-€3.75.

The Purchaser engaged with certain shareholders of the Company to solicit interest regarding the potential purchase, however it has decided not to proceed with the purchase at this time.

 

Enquiries:

J.P. Morgan   AG                                                                                          +44 207 742 4000

 

IMPORTANT NOTICE

This announcement is not for publication, distribution or release, directly or indirectly, in or into the United States of America (including its territories and possessions), Australia, Canada, Japan or the Republic of South Africa or any other jurisdiction where such an announcement would be unlawful.  The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document (including, without limitation, nominees, trustees and custodians) or other information referred to herein comes should inform themselves about and observe any such restriction.  Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, J.P. Morgan AG and its affiliates disclaim any responsibility or liability for the violations of any such restrictions by any person.

This press release is not an offer to sell securities nor the solicitation of offers to purchase securities in the United States.

The offer to purchase ordinary shares of Dalata Hotel Group plc ("Shares") was not made, and this press release may not be distributed, directly or indirectly, in or into, nor will any offer of Shares be accepted from or on behalf of shareholders in, the United States or any other jurisdiction in which the solicitation of an offer to purchase securities, the distribution of this press release or the acceptance of any offer to sell Shares would contravene applicable laws or regulations or require further offer documents, filings or other measures.

In connection with any offer to purchase Shares, J.P. Morgan AG and any of its affiliates acting as an investor for their own account may take up as a proprietary position any Shares and in that capacity may retain, purchase or sell for their own account such Shares.  In addition, they may enter into financing arrangements and swaps with investors in connection with which they may from time to time acquire, hold or dispose of Shares.  They do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligation to do so.

J.P. Morgan AG is authorized by the German Federal Financial Supervisory Authority (BaFin) and supervised by BaFin, the German Central Bank (Deutsche Bundesbank) and the European Central Bank., is acting on behalf of the Purchaser and no one else in connection with any offer to purchase the Shares and will not be responsible to any other person for providing the protections afforded to any of its clients or for providing advice in relation to any offer to purchase the Shares.  J.P. Morgan AG will not regard any other person as its client in relation to the offer to purchase the Shares.  For information on any J.P. Morgan German legal entity see: https://www.jpmorgan.com/country/US/en/disclosures/legal-entity-information#germany.

For information on any other J.P. Morgan legal entity see: https://www.jpmorgan.com/country/GB/EN/disclosures/investment-bank-legal-entity-disclosures.

 

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