Dalata Hotel Group PLC - Dublin-based operator of the Maldron and Clayton hotel chains - Exchanges contracts for the sale of the Clayton Whites Hotel in Wexford to Neville Hotels for €21 million.

The transaction is expected to be completed in January and follows Dalata’s ongoing strategy to streamline its portfolio and focus on core markets. Proceeds from the transaction will be returned to shareholders through Dalata’s current share buyback programme.

Current stock price: 364.00 pence, down 4.7% in London on Tuesday

12-month change: down 5.7%

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