UBS Investment Bank Increases Holding in Dalata Hotel Group

On December 27, 2024, Dalata Hotel Group PLC was notified of a significant change in its shareholder structure. UBS Group AG, through its subsidiary UBS Investment Bank & Wealth Management, has increased its holdings in Dalata by crossing the 4% threshold of voting rights through financial instruments. The notification highlights an increase in UBS AG's position, now holding 4.12% of voting rights via financial instruments and a total position of 4.25% when including shares.

This change took effect on December 23, 2024. UBS Group AG is based in Zurich, Switzerland, and manages these holdings indirectly through UBS AG. The strategic adjustment involves using rights to recall lent shares and leverage substitution rights on delivered collateral.