Sunday April 5, 2020

Dalata rises 10% in first few minutes of Dublin debut

UPDATE: Dalata has become the newest member of the Irish Stock Exchange, rising 10 per cent in its first few minutes of trading. Read the details and a profile of the company here.

19th March, 2014
Dalata is the largest hotel operator in Ireland, operating 40 hotels with over 6,100 rooms, including the Maldron chain.

Ireland’s largest hotel operator has become the newest member of the Irish Stock Exchange, rising 10 per cent in its first few minutes of trading.

Shares of the Dalata Hotel Group began trading at 8am and immediately jumped in price to €2.75, up from the €2.50 at which the company placed 106 million new ordinary shares. After 20 minutes, over 20 million of the new shares had changed hands.

A short time ago, the share price had...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago