REG - Dalata Hotel Group - Block Listing Application <Origin Href="QuoteRef">DHG.I</Origin>
RNS Number : 0937CDalata Hotel Group PLC10 April 2017BLOCK LISTING APPLICATION
ISE: DHG LSE: DAL
Dublin, 10 April 2017 | Dalata Hotel Group plc ("Dalata" or the "Group"), Ireland's largest hotel operator, today announcesthat a block listing application has been made to the Irish Stock Exchange and to the UK Listing Authority for a total of 714,298 Ordinary Share of 0.01 each ("shares") to be admitted to the Official List of the UK Listing Authority and to the Official List of the Irish Stock Exchange and application has been made to the Irish Stock Exchange and the London Stock Exchange for these shares to be admitted to trading.
Dealings in these shares are expected to commence on the 11 April 2017.
These shares are being reserved under a block listing and will be allotted from time to time pursuant to the Dalata Hotel Group Plc 2014 Long Term Incentive Plan and will rank pari passu with the existing Ordinary Shares.
ENDS
Contacts
Dalata Hotel Group plc
Sean McKeon, Chief Financial Officer and Company Secretary
T: +353 1 206 9400
E: smckeon@dalatahotelgroup.com
About Dalata
Dalata Hotel Group plc is Ireland's largest hotel operator, with a current portfolio of 41 hotels with over 8,000 rooms. Dalata successfully operates Ireland's two largest hotel brands, Clayton Hotels and Maldron Hotels across Ireland and the UK, as well as managing a portfolio of partner properties. 24 of the hotels are owned by Dalata, 10 hotels are operated under lease agreements and 7 are operated under management agreements.
For the full year 2016 Dalata reported revenue of 290.5 million. Dalata is listed on the Main Market of the Irish Stock Exchange (DHG) and the London Stock Exchange (DAL).
For further information visit: www.dalatahotelgroup.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDALSSFWFDSFWSEFL
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