Barclays discloses 0.8% stake in Dalata Hotel Group amid takeover talks

Published 10/06/2025, 15:12
Barclays discloses 0.8% stake in Dalata Hotel Group amid takeover talks

DUBLIN - Barclays PLC (LON:BARC) has disclosed a 0.8% interest in Dalata Hotel Group PLC, according to a regulatory filing published Tuesday.

The disclosure, made under Irish Takeover Panel rules, reveals Barclays holds 1,683,732 shares representing approximately 0.8% of Dalata’s relevant securities. The position includes 1,105,400 owned or controlled shares and 578,332 cash-settled derivatives.

Barclays also reported short positions totaling 1,671,990 shares, or about 0.79% of the company’s securities. These positions comprise 616,573 shares and 1,055,417 cash-settled derivatives.

The filing details multiple transactions conducted on June 9, with Barclays purchasing 48,694 ordinary shares at prices ranging from €6.25 to €6.34 per share. During the same period, the bank sold 37,593 shares at similar price points.

Rule 8.3 of the Irish Takeover Panel Act requires disclosure of interests representing 1% or more when a company is in an offer period. While the filing confirms Dalata is subject to takeover rules, it does not identify potential acquirers or provide details about any formal offers.

Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280).

The disclosure was made through a Form 8.3 filing, which is standard procedure for reporting positions during takeover situations according to Irish regulatory requirements.

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