Conversion Rate for 2018 Interim Dividend

RNS Number : 9583A

Dalata Hotel Group PLC

17 September 2018

 

Conversion Rate for 2018 Interim Dividend

ISE: DHG                              LSE: DAL

Further to the announcement of the Group's Interim Results for the six-months ended 30 June 2018 released on 4 September 2018, the Company has determined that the exchange rate to be applied to its 2018 Interim Dividend is €1:£0.89228, being the exchange rate as disclosed by the Central Bank of Ireland at the close of business on 14 September 2018.

This Interim Dividend will be paid on 12 October 2018 to shareholders on the register as at 13 September 2018.

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Contacts

Dalata Hotel Group plc Sean McKeon, Company Secretary T: [phone] E: [e-mail]

About Dalata

Dalata Hotel Group plc is Ireland's largest hotel operator with a growing presence in the United Kingdom. The Group's current portfolio consists of 39 hotels with over 8,200 rooms and an additional 2,342 rooms are currently being developed. Dalata successfully operates Ireland's two largest hotel brands, Clayton Hotels and Maldron Hotels across Ireland and the UK, as well as managing a small portfolio of partner properties. 28 of the hotels are owned by Dalata, nine hotels are operated under lease agreements and two are operated under management agreements. For the full year 2017, Dalata reported revenue of €348.5 million and a profit after tax of €68.3 million. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL).

For further information visit: www.dalatahotelgroup.com

 

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