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DUBLIN - Barclays PLC (LON:BARC) has disclosed a 3.2% interest in Dalata Hotel Group PLC, according to a regulatory filing published Tuesday.
The British bank reported holding 6,775,526 shares representing a 3.2% stake in the Irish hotel operator, alongside short positions totaling 3.15% of Dalata’s shares.
The disclosure, made under Irish takeover rules, shows Barclays owns or controls 6,543,330 ordinary shares, equivalent to 3.09% of Dalata, with additional exposure through cash-settled derivatives.
The filing details several transactions conducted on August 18, including purchases of 123,805 Dalata shares at prices ranging from €6.3767 to €6.39 per share. Barclays also reported sales of 91,444 shares on the same day.
Barclays’ disclosure was made under Rule 8.3 of the Irish Takeover Panel Act, which requires public disclosure of dealings by parties with interests of 1% or more in companies involved in potential takeover situations.
The bank indicated in its filing that it is not making disclosures regarding any other party to a potential offer.
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 information was disclosed in a regulatory filing submitted to the London Stock Exchange (LON:LSEG)’s news service.
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