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DUBLIN - Barclays PLC (LON:BARC) has disclosed a 2.55% interest in Dalata Hotel Group PLC, according to a regulatory filing made Monday under Irish takeover rules.
The disclosure, required under Rule 8.3 of the Irish Takeover Panel Act, shows Barclays holds interests representing 5,393,119 shares or 2.55% of Dalata, alongside short positions of 5,293,606 shares or 2.50%.
The filing details that Barclays owns or controls 5,058,181 ordinary shares directly, representing 2.39% of the company, with additional exposure through cash-settled derivatives.
The disclosure documents multiple transactions conducted on August 8, including purchases totaling over 138,000 shares at prices ranging from €6.37 to €6.38 per share, and sales of approximately 82,700 shares.
Barclays also engaged in several cash-settled derivative transactions on the same date, both increasing and decreasing short positions in Dalata shares.
The filing was made in accordance with Irish takeover regulations that require disclosure of positions representing 1% or more in companies involved in potential takeover situations.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the UK operating primarily under the Clayton and Maldron brands.
The disclosure was submitted via a Form 8.3 filing, which is required when a company may be involved in a takeover situation, though the filing does not provide details about any specific offer for Dalata.
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