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Completion of Acquisition

3rd Feb 2015 17:26

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 +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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