on Dalata Hotel Group PLC (isin : IE00BJMZDW83)
Dalata Hotel Group PLC: Notification of Major Holdings
Dalata Hotel Group PLC (DAL, DHG) has announced a significant change in its holdings. According to a Standard Form TR-1 filed on June 26, 2024, Franklin Mutual Advisers, LLC has increased its voting rights in the company to 5.01%. The threshold was crossed on June 21, 2024, and the issuer was notified on June 25, 2024.
Franklin Mutual Advisers, LLC, headquartered in Wilmington, Delaware, has reached a total of 11,246,317 voting rights in Dalata Hotel Group PLC, surpassing the previous position of 4.02%. This acquisition marks a significant increase in the investment portfolio of Franklin Mutual Advisers, LLC within the hospitality sector.
The notification underscores the importance of Dalata Hotel Group PLC within the investment strategies of major stakeholders. It reflects the confidence of institutional investors in the future performance and strategic direction of the company.
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