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DUBLIN - Barclays PLC (LON:BARC) has disclosed a 1.36% interest in Dalata Hotel Group PLC, according to a regulatory filing released Friday.
The disclosure, made under the Irish Takeover Panel rules, shows Barclays holds 2,874,622 shares representing a long position of 1.36% in the hotel group, alongside a short position of equal size at 2,870,054 shares or 1.36%.
The filing details that Barclays owns and controls 2,370,592 ordinary shares, equivalent to 1.12% of Dalata, while maintaining a short position of 551,464 shares or 0.26%. The remaining positions are held through cash-settled derivatives.
The disclosure also reports multiple transactions conducted on July 17, with Barclays purchasing 122,549 Dalata ordinary shares at prices ranging from €6.38 to €6.39 per share. During the same period, the bank sold 79,080 shares within a similar price range.
Dalata Hotel Group, Ireland’s largest hotel operator, has been subject to takeover speculation in recent months, prompting the disclosure requirements under Irish regulations. The rules require entities with interests of 1% or more to disclose their positions during offer periods.
The filing indicates Barclays is not making disclosures regarding any other party to a potential offer.
This information was provided in a Form 8.3 regulatory disclosure submitted to the Irish Takeover Panel.
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