Barclays adjusts stake in Dalata Hotel Group amid takeover rules

Published 04/04/2025, 13:18
Barclays adjusts stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has amended its holdings in Dalata Hotel Group PLC, as disclosed in a regulatory filing with the Irish Takeover Panel on Monday. The disclosure, a routine part of market operations, follows the rules outlined in the Irish Takeover Panel Act of 1997 and subsequent 2022 Takeover Rules, which apply to persons with interests in relevant securities representing 1% or more.

As of March 28, 2025, Barclays PLC (NYSE:BCS) held a combined total interest in Dalata Hotel Group PLC amounting to 1.17% with 2,472,624 securities and a short position totaling 1.19% with 2,518,921 securities. These figures reflect changes in both interests and short positions across various transactions.

The transactions included purchases and sales of Dalata’s 0.01 ordinary shares at prices ranging from 5.2500 to 5.3900 EUR. In addition, Barclays engaged in derivative transactions, specifically swaps and contracts for differences (CFDs), which affected their short positions.

The disclosure does not indicate any indemnity or option arrangement, or any agreement or understanding related to the voting rights of relevant securities under any option, or the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced.

This adjustment in Barclays’ position is part of the financial institution’s regular trading activities and is reported in compliance with regulatory requirements. The information is based on a press release statement and reflects the latest known positions as required by market regulations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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