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...
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