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LONDON - Barclays PLC (LON:BARC) has revealed its stake in Dalata Hotel Group PLC, complying with the Irish Takeover Panel’s disclosure requirements under Rule 8.3 of the 1997 Act and 2022 Takeover Rules. The disclosure, dated Monday, March 28, 2025, indicates that Barclays holds a combined interest and short position totaling approximately 1.18% and 1.19%, respectively, in the hotel operator’s securities.
The financial institution’s holdings include 1,516,161 ordinary shares, representing a 0.72% interest, alongside short positions of 998,636 shares or 0.47%. Additionally, cash-settled derivatives held by Barclays amount to a 0.46% interest and a 0.72% short position, further impacting their total stake in Dalata Hotel Group.
Barclays also engaged in various purchase and sale transactions involving Dalata’s 0.01 ordinary shares, with prices ranging from 5.2473 to 5.3900 EUR per unit. The dealings included significant volumes, with the largest single purchase and sale transactions involving 54,073 and 42,004 shares, respectively.
The disclosure comes at a critical time, as Barclays’ involvement is subject to strict regulations during takeover discussions. The bank confirmed that it is not disclosing positions in relation to any other party involved in the offer, and there are no indemnity or option arrangements, or agreements or understandings related to the relevant securities that could be an inducement to deal or refrain from dealing.
Investors and market watchers often scrutinize such disclosures for insights into the strategic positions of major financial players like Barclays, especially in the context of potential takeovers. These disclosures are mandatory for entities holding interests in relevant securities representing 1% or more, ensuring transparency in the market.
This announcement is based on a press release statement and adheres to the strict reporting guidelines for financial disclosures.
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