Dalata Hotel Group plc

• Palm Harbour Capital Letter 2024 Q2 | 542 KB ↗ Palm Harbour Capital maintained a contrarian value stance against megacap AI enthusiasm and pressed SK Kaken to improve capital allocation and investor relations. The fund introduced Piraeus Port Authority as a competitively advantaged, cash-rich port operator nearing the end of its investment programme, with scope for larger dividends. second quarter 0FHO delisted0OIY $1.7BDLTTF delistedGBSMF delisted
• Palm Harbour Capital Q3 2023 Letter ↗ Palm Harbour Capital sold Avid Technology after its private-equity acquisition and exited Stora Enso over a weaker pulp outlook, while reducing C. Uyemura and Verallia after strength. It backs Telekom Austria’s tower spin-off, OCI’s fertilizer assets and Ocean Wilsons’ strategic review as routes to value realization. third quarter OCWSF delisted0NFS 0R5R 4966 $2B
• Palm Harbour Capital Q3 2024 Letter ↗ Palm Harbour Capital sold Everi, PAX and Unieuro following takeover developments and deteriorating fundamentals, while building a position in M Dias Branco around operational reforms and margin recovery. The portfolio argues that OCI asset sales, IGT’s Apollo transaction and Ocean Wilson’s strategic review can unlock substantial value. third quarter 0ROF delistedDNIYY $4.2BEVRI delistedGBSMF delisted

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