UBS Group AG Increases Financial Instruments in Dalata Hotel Group

Dalata Hotel Group PLC recently received a notification indicating that UBS Group AG has increased its financial instruments in the company. The Swiss investment bank now holds 4.24% of the voting rights through financial instruments, surpassing the 4% threshold. This update specifies the new distribution of voting rights, confirming the significant role UBS AG plays in the hotel's shareholder structure.

UBS AG holds a minor share of direct voting rights at 0.02%, but significantly more through financial instruments. Key financial instruments include a right to recall lent shares and substitution rights on collateral delivered, accounting for a combined total of 4.21% of voting rights. Additionally, swaps on baskets contribute minimally to the voting rights with a 0.02% economic effect.

This development reflects UBS's strategic positioning within Dalata Hotel Group by leveraging financial instruments to influence the company's governance. The notification also adheres to the regulatory requirement of informing both the firm and the Central Bank of Ireland about changes in substantial holdings.