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DUBLIN - Barclays PLC (LON:BARC) has disclosed a 2.36% interest in Dalata Hotel Group PLC, according to a regulatory filing released Wednesday. The disclosure, made under Irish Takeover Panel rules, reveals the banking group also holds a 2.31% short position in the hotel operator.
The filing shows Barclays owned and controlled 4,601,568 ordinary shares, representing 2.18% of Dalata, as of August 5. Additional interests through cash-settled derivatives brought Barclays’ total position to 4,982,451 shares.
The disclosure details several transactions conducted on August 5, including purchases totaling 345,094 shares at prices ranging from €6.37 to €6.38 per share. Simultaneously, Barclays sold 190,903 shares within a similar price range.
The bank also engaged in multiple cash-settled derivative transactions, both increasing and decreasing short positions in Dalata shares.
Irish Takeover Panel rules require disclosure of interests representing 1% or more in companies involved in potential takeover situations. The filing does not indicate whether Dalata is currently subject to a takeover offer.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280). The information was disclosed in a regulatory filing submitted to the London Stock Exchange (LON:LSEG).
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