Chip stocks fall with Nvidia after data center rev disappointment
DUBLIN - French asset management company Amundi SA (EPA:AMUN) has disclosed a 2.052% interest in Dalata Hotel Group PLC, according to a recent filing with the Irish Takeover Panel. The disclosure, made on May 22, 2025, follows a purchase of 45,928 ordinary shares at a price of EUR 5.604 per unit on May 21, 2025.
The stake, which represents over 4.3 million shares in the Irish hotel operator, is part of the routine disclosures required under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. These rules mandate that any person holding an interest in relevant securities representing 1% or more must make an opening position disclosure.
Amundi’s acquisition comes amid a period when no other cash offers or dealings in respect of other parties to the offer were reported, as indicated by the statement "N/A" under section 1(f) of the disclosure form. Moreover, there were no reported interests in cash-settled or stock-settled derivatives, nor were there any other short positions disclosed.
The disclosure also confirmed that there are no indemnity or option arrangements, nor any agreements, arrangements, or understandings relating to options or derivatives connected to the voting rights of any relevant securities that could serve as an inducement to deal or refrain from dealing.
The information provided by Amundi SA is based on a press release statement and is a regulatory requirement intended to maintain transparency in the market. It does not necessarily indicate any immediate strategic intentions behind the share acquisition by Amundi. Investors and observers often monitor such disclosures to gauge market movements and the interests of major institutional investors in publicly traded companies.
Dalata Hotel Group PLC, the company in which Amundi SA has reported its stake, operates hotels across Ireland and the United Kingdom (TADAWUL:4280). It is listed on the Irish Stock Exchange, and its shares are also traded on the London Stock Exchange (LON:LSEG). As of the date of the disclosure, there has been no comment from Dalata Hotel Group PLC regarding the share acquisition by Amundi SA.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.