Street Calls of the Week
DUBLIN - Barclays PLC has disclosed a 3.88% stake in Dalata Hotel Group PLC, according to a regulatory filing released Monday.
The disclosure, made under Irish Takeover Panel rules, reveals Barclays holds interests in 8,213,502 shares representing 3.88% of the hotel group, alongside short positions of equivalent size.
The filing shows Barclays executed multiple transactions in Dalata shares on September 19, including purchases of 224,762 ordinary shares at prices ranging from €6.41 to €6.42 per share. The bank also conducted several sales totaling 159,747 shares at similar price points.
Barclays’ position includes 8,107,956 relevant securities owned or controlled, representing 3.83% of Dalata, plus additional interests through cash-settled derivatives.
The disclosure was made in compliance with Rule 8.3 of the Irish Takeover Panel Act, which requires persons with interests of 1% or more in relevant securities to disclose their positions.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the UK under the Clayton and Maldron brands.
The disclosure, submitted via a Form 8.3 filing, indicates no agreements or understandings relating to voting rights or future acquisitions of Dalata securities.
This information is based on a regulatory press release statement filed with the London Stock Exchange’s news service.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.