Dalata Hotel Group PLC: Ameriprise Financial Alters Stake

Dalata Hotel Group PLC announced a significant change in ownership as Ameriprise Financial, Inc. reported an adjustment in their voting rights within the company. According to the notification submitted to the Central Bank of Ireland, Ameriprise Financial crossed a threshold, adjusted their total voting rights to 5.924% as of May 15, 2024. This modification reflects a slight decrease from the previous holding of 6.018%.

The specific shares in question are associated with the ISIN code IE00BJMZDW83. Ameriprise Financial now indirectly holds 13,288,889 voting rights, signaling a change in their investment strategy regarding Dalata Hotel Group PLC. Despite this shift, no voting rights are held through financial instruments. This strategic adjustment in Ameriprise’s portfolio underscores the dynamic nature of equity investments in the hospitality sector.