UBS Increases Stake in Dalata Hotel Group

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Dalata Hotel ( (GB:DAL) ) has shared an update.

Dalata Hotel Group PLC has announced a change in its major shareholding as UBS Group AG, through its subsidiary UBS AG, has increased its stake in Dalata. The acquisition of financial instruments led to UBS crossing the 4% threshold in voting rights, positioning it as an influential stakeholder in the company’s decision-making process.

More about Dalata Hotel

Dalata Hotel Group PLC operates in the hospitality industry, primarily focusing on hotel services. It is known for managing a portfolio of hotels across Ireland and the UK, targeting business and leisure travelers.

YTD Price Performance: 0.65%

Average Trading Volume: 89,257

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £827.9M

See more insights into DAL stock on TipRanks’ Stock Analysis page.

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