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DUBLIN - Barclays PLC has disclosed a 3.85% interest in Dalata Hotel Group PLC, according to a regulatory filing released Friday.
The British bank reported holding interests in 8,148,487 shares, representing 3.85% of the Irish hotel operator, as of September 18. The position includes 8,042,941 shares owned or controlled directly and 105,546 shares through cash-settled derivatives.
Barclays also disclosed short positions totaling 3.84% of Dalata’s share capital, comprising 106,018 shares in direct short positions and 8,006,976 shares through cash-settled derivatives.
The disclosure was made in compliance with Rule 8.3 of the Irish Takeover Panel Act, which requires entities with interests of 1% or more in relevant securities to disclose their positions.
The filing detailed several transactions conducted on September 18, including purchases of 11,150 ordinary shares at prices ranging from €6.41 to €6.42 per share, and sales of 22,440 shares at similar price points.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom operating primarily under the Clayton and Maldron brands.
The disclosure was made through a Form 8.3 filing with the Irish Takeover Panel, which requires such notifications during offer periods for companies subject to the Irish takeover rules.
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