Jurys share purchases fail to dent Doyle family control

FURTHER share purchases in Jurys Doyle took place yesterday but, at this stage, the Doyle family and developer Sean Dunne have a controlling interest in the group between them.

Members of the Doyle family have further increased their stake in the Jurys Doyle Hotel Group to 29.9%. NCB Stockbrokers confirmed to the Irish Stock Exchange that Netherfields Developments, controlled by members of the Doyle family, bought 669,354 shares in the company on Wednesday at a price of €18.50.

Between them, the Doyles and Mr Dunne have 50.7% of the equity in the group, effectively making it impossible for anyone else to bid for the group.