Acquisition Update

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 [phone]
Davy
Ronan Godfrey / Brian Ross / Anthony Farrell	Tel [phone]
PR
Padraig McKeon	Tel: [phone]

 

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