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Acquisition Update

2nd Feb 2015 07:00

RNS Number : 6882D
Dalata Hotel Group PLC
02 February 2015
 

 

 

 

Dalata Hotel Group plc ("Dalata" or "the Company")

 

 

ACQUISITION UPDATE

 

Further to the announcement by Dalata on 17 December 2014 of its proposed Acquisition of the Moran Bewley's Hotel Group and Placing of 18,300,000 Placing Shares and the further announcements regarding shareholder approval and CCPC approval of the Acquisition, Dalata is pleased to announce the following timetable to completion:

 

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

Date of Completion of the Acquisition

3 February 2015

Admission and Dealings in the Enlarged Share Capital commence on AIM and ESM

4 February 2015

CREST accounts credited for Placing Shares in uncertificated form

4 February 2015

Dispatch of definitive share certificates, where applicable

16 February 2015

 

Applications have been made for the Enlarged Issued Share Capital to be admitted to trading on AIM and the ESM and it is expected that dealings in the Placing Shares will commence on 4 February 2015.

 

 

Note: Defined terms above have the same meaning as in the Admission Document

For further information:

Dalata Hotel Group plc

www.dalatahotelgroup.com

Dermot Crowley (Deputy Chief Executive)

Tel +353 (0)1 206 9400

Davy

Ronan Godfrey / Brian Ross / Anthony Farrell

Tel +353 (0)1 679 6363

PR

Padraig McKeon

Tel: +353 (0)87 231 2632

 

 

 

 

 

 

 

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