DJ Dalata Hotel Group plc announces completion of the sale of Maldron Hotel Wexford
Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group plc announces completion of the sale of Maldron Hotel Wexford
08-Nov-2024 / 09:00 GMT/BST
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Dalata Hotel Group announces completion of the sale of Maldron Hotel Wexford
ISE: DHG LSE: DAL
Dublin and London | 8 November 2024: 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, announces it has completed the sale of
Maldron Hotel Wexford to The Neville Park Hotel Group (the 'Transaction').
As previously announced, the net proceeds from the Transaction are being returned to shareholders through a share
buyback programme previously announced on 15th October 2024. Dalata remains committed to the Irish market and its
portfolio where it is the leading hotel operator through its Clayton and Maldron brands.
ENDS
About Dalata
Dalata Hotel Group plc is a leading hotel operator backed by EUR1.7bn in hotel assets primarily in Ireland and the UK.
Established in 2007, Dalata has become Ireland's largest hotel operator with an ambitious growth strategy to expand its
portfolio further in excellent locations in select, large cities in the UK and Continental Europe. The Group's
portfolio comprises a mix of owned and leased hotels with 56 primarily four-star hotels operating through its two main
brands, Clayton and Maldron Hotels, with 12,150 rooms and a pipeline of over 700 rooms. For the six-month period ended
30 June 2024, Dalata reported revenue of EUR302 million, basic earnings per share of 16.0 cent and Free Cashflow per
Share of 21.5 cent. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL).
For further information visit: www.dalatahotelgroup.com
Contacts
Dalata Hotel Group plc Tel +353 1 206 9400
Dermot Crowley, CEO investorrelations@dalatahotelgroup.com
Shane Casserly, Deputy CEO
Carol Phelan, CFO
Niamh Carr, Head of Investor Relations & Strategic Forecasting
Joint Company Brokers
Davy: Anthony Farrell Tel +353 1 679 6363
Berenberg: Ben Wright Tel +44 20 3753 3069
Tel +353 87 737 9089
Investor Relations and PR | FTI Consulting
Tel +353 85 277 9905
Sam Moore/ Rugile Nenortaite
dalata@fticonsulting.com
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ISIN: IE00BJMZDW83, IE00BJMZDW83 Category Code: MSCM 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.: 358097 EQS News ID: 2026021 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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November 08, 2024 04:01 ET (09:01 GMT)
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