Completion of Acquisition

RNS Number : 9605D

Dalata Hotel Group PLC

03 February 2015

 



Dalata Hotel Group plc ("Dalata")

COMPLETION OF ACQUISITION

Following recent shareholder and CCPC approval, Dalata is pleased to announce the completion of the acquisition of the Moran Bewley's Hotel Group today. The Placing is now unconditional subject only to Admission.

Applications have been made for the Enlarged Issued Share Capital made up of 140,300,000 ordinary shares of €0.01 each to be admitted to trading on AIM and ESM and dealings in the ordinary shares will commence on 4 February 2015.

Note: Defined terms above have the same meaning as in the Admission Document published by Dalata on 18 December 2014.

For further information:
Dalata Hotel Group plc	www.dalatahotelgroup.com
Dermot Crowley (Deputy Chief Executive)	Tel [phone]
Davy
Ronan Godfrey / Brian Ross / Anthony Farrell	Tel [phone]
PR
Padraig McKeon	Tel: [phone]

 

END

 

 

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