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DUBLIN - Barclays PLC has disclosed a 3.93% interest in Dalata Hotel Group PLC, according to a regulatory filing released Friday under Irish takeover rules.
The bank reported holding 8,318,942 shares representing a 3.93% interest in Dalata, alongside short positions of equivalent size. The disclosure includes 8,220,602 owned or controlled shares and 98,340 shares through cash-settled derivatives.
The filing, made under Rule 8.3 of the Irish Takeover Panel Act, shows several transactions conducted on October 9, including purchases totaling 16,309 Dalata ordinary shares at prices ranging from €6.42 to €6.43 per share. Barclays also reported sales of 14,157 shares at similar price points on the same day.
Irish takeover rules require disclosure of positions representing 1% or more in companies involved in potential acquisition scenarios. The bank’s position disclosure suggests Dalata may be the subject of takeover interest, though no specific offeror was identified in the filing.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom.
The information was disclosed in a regulatory Form 8.3 filing submitted to the Irish Takeover Panel.
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