REG-Dalata Hotel Group PLC Dalata Hotel Group PLC: Board Update

Dalata HotelAnnouncement

13/10/2022 16:15

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   Dalata Hotel Group PLC (DAL,DHG)
   Dalata Hotel Group PLC: Board Update

   13-Oct-2022 / 16:06 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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                               Directorate Change

                                        

            Margaret Sweeney to step down as Non-Executive Director

                                        

                               ISE: DHG  LSE: DAL

                                        

    

   Dublin and London  |13 October 2022: Dalata  Hotel Group plc ("Dalata"  or
   "the Group"),  the  largest hotel  operator  in Ireland,  with  a  growing
   presence in  the United Kingdom  and continental  Europe, today  announces
   that Margaret Sweeney, Non-Executive Director, has informed the board that
   she intends to retire as a director of the company in 2023.

   Now in her  ninth year  as a non-executive  director of  the company,  her
   decision is pursuant to Principle G, and Provision 11 of the UK  Corporate
   Governance Code concerned with non-executive director independence.

   In accordance with Euronext Dublin  listing rule 6.1.65, the company  will
   publish the effective date of retirement as soon as it has been decided.

   John Hennessy, Group Chair, commented:

   “Margaret Sweeney has been a member  of the board since the Company's  IPO
   in 2014.   She  has  served  since  then  as  Chair  of  the  Remuneration
   Committee, and  has  also  been  a  member of  the  Audit  and  Risk,  and
   Nomination Committees. She has been the Senior Independent Director  since
   December 2020. Margaret’s contribution  to Dalata has  been immense and  I
   wish to express my gratitude for all of the hard work and support she  has
   given to the Group and  the board in each of  her roles.  I wish her  well
   for the future."

                                      ENDS

   Contacts                             
   Dalata Hotel Group plc              investorrelations@dalatahotelgroup.com
   Dermot Crowley, CEO                 Tel +353 1 206 9400
   Seán McKeon, Company Secretary       
   Niamh Carr, Group Head of Investor Relations and Strategic Forecasting
                                        
   Investor Relations and PR | FTI     dalata@fticonsulting.com
   Consulting
   Melanie Farrell                     Tel +353 86 401 5250

    

   About Dalata

   Dalata Hotel Group plc was founded in August 2007 and listed as a plc in
   March 2014. Dalata is Ireland’s largest hotel operator, with a growing
   presence in the UK and continental Europe. The Group’s portfolio comprises
   49 three and four-star hotels with 10,650 rooms and a pipeline of over
   1,400 rooms. The Group currently has 29 owned hotels, 17 leased hotels and
   three management contracts. Dalata successfully operates Ireland’s two
   largest hotel brands, the Clayton and the Maldron Hotels. For the first
   six months of 2022, Dalata reported revenue of €220.2 million and a profit
   after tax of €46.7 million. Dalata is listed on the Main Market of
   Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further
   information visit:  1 www.dalatahotelgroup.com

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   ISIN:           IE00BJMZDW83, IE00BJMZDW83
   Category Code:  BOA
   TIDM:           DAL,DHG
   LEI Code:       635400L2CWET7ONOBJ04
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   194470
   EQS News ID:    1463495


    
   End of Announcement EQS News Service

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