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First Day of Dealings on the Main Markets

DAL

RNS Number : 7192C
Dalata Hotel Group PLC
30 June 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, SWITZERLAND OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT

 

 

This announcement is not an offer of securities for sale in any jurisdiction. This announcement is not a prospectus (or prospectus equivalent document) or an advertisement. Investors should not subscribe for or purchase any shares in the Company based on this announcement or the prospectus.  Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The material set forth herein is for information purposes only and should not be construed as an offer of securities for sale in any jurisdiction. 

 

Dalata Hotel Group plc

(Dalata or the Company)

First Day of Dealings on the Main Markets

 

30 June, 2016

 

Further to previous announcements, Dalata, Ireland's largest hotel operator, is pleased to announce that the entire issued ordinary shares in the capital of Dalata ("Ordinary Shares") will today be admitted to the primary listing segment of the Official List of the Irish Stock Exchange and  the Official List of the FCA (by way of a Standard Listing under Chapter 14 of the Listing Rules of the UKLA) (the "Official Lists") and to trading on the Irish Stock Exchange's and the London Stock Exchange's respective main markets for listed securities ("Main Markets") (together "Admission").  Dealings in the Ordinary Shares will commence on the Main Markets at 8.00 a.m. on 30 June 2016 and trading in the Ordinary Shares on the AIM and ESM markets will be cancelled simultaneously therewith.

The Company is not raising any funds or issuing any new Ordinary Shares in connection with Admission. No shares have been offered or marketed to the public in Ireland, the UK or elsewhere in connection with Admission or the publication of the Prospectus. The Company's ticker on the Irish Stock Exchange and the London Stock Exchange will remain as 'DHG' and 'DAL' respectively, with an ISIN of IE00BJMZDW83 and, on Admission, it is expected that there will be 182,966,666 Ordinary Shares in issue.

 

The prospectus prepared by the Company in connection with Admission is available for inspection on the Company's website at (www.dalatahotelgroup.com/investors/prospectus-june2016) and is available on the National Storage Mechanism at www.morningstar.co.uk/uk/NSM. Copies of the Prospectus will also be available, on request, in printed form at the Company's registered office, 4th Floor, Burton Court, Burton Hall Drive, Sandyford, Dublin 18, Ireland. 

 

ENDS

 

Contacts:

 

Dalata Hotel Group plc                                                                                  Tel +353 1 2069400 

Pat McCann, CEO

Dermot Crowley, Deputy CEO, Business Development & Finance

Sean McKeon, CFO

Davy (Sponsor)                                                                                              Tel +353 1 679 6363 

Anthony Farrell

PR - FTI Consulting                                                                                        Tel +353 1 66 33 683

 

 

J&E Davy ("Davy") is acting as sponsor under the ISE Listing Rules, financial adviser and broker to the Company in connection with Admission. Davy, which is regulated in Ireland by the Central Bank of Ireland, is acting for the Company and for no one else in connection with Admission and will not be responsible to any person other than the Company for providing the protections afforded to clients of Davy, nor for providing advice in relation to Admission, the content of this announcement or any matter referred to in this announcement. Apart from the responsibilities and liabilities, if any, which may be imposed on Davy by the Central Bank of Ireland, or the regulatory regime in Ireland, neither Davy nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Davy in connection with this announcement, any statement contained herein or otherwise, nor makes any representation or warranty, express or implied, in relation to, the contents of this announcement, including its accuracy, completeness or verification or for any other statement purported to be made by Davy, or on behalf of Davy in connection with the Company or Admission. Davy accordingly disclaims to the fullest extent permitted by law all and any responsibility or liability to any person who is not a client of Davy, whether arising in tort, contract or otherwise (save as referred to above) which they might otherwise have in respect of this announcement or any such statement.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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