Dalata Hotel Group Announces Recent Share Transactions by Senior Executives

Dalata Hotel Group PLC has disclosed transactions involving key executives as part of its mandatory regulatory announcements. According to the notification, three senior executives participated in the deferred shareholding scheme, a move related to their 2023 Annual incentive plan. The transactions occurred on April 5, 2024, and were reported in Dublin, Ireland.

Dermot Crowley, the Chief Executive Officer, converted his portion of the 2023 Annual incentive into 64,948 ordinary shares at a price of €4.365 each. Similarly, Shane Casserly, the Corporate Development Director, and Carol Phelan, the Chief Financial Officer, each opted to defer their incentives into 41,237 ordinary shares at the same price. This action reflects a structured plan allowing executives to invest directly in the company’s growth and success.

The sequence of transactions underscores the company's compliance with the Market Abuse Regulation (MAR) under the European Union law, highlighting the transparency and regulatory adherence by the Dalata Hotel Group. These moves are part of broader corporate governance practices aimed at aligning the interests of the company’s leadership with those of the shareholders.