Barclays discloses stake in Dalata Hotel Group amid takeover rules

Published 02/04/2025, 15:12
Barclays discloses stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has disclosed its interests and short positions in Dalata Hotel Group PLC, in accordance with the Irish Takeover Panel’s Rule 8.3, which pertains to parties holding over 1% in relevant securities during a takeover period.

On April 1, 2025, Barclays reported a combined total interest in Dalata Hotel Group of 1.11%, with 1,396,230 shares held, representing a 0.66% stake. Short positions totalled 979,642 shares, accounting for 0.46%. Additionally, cash-settled derivatives were reported at 952,227 shares (0.45%) and short positions at 1,414,887 shares (0.67%).

The transactions on April 1 included a mix of purchases and sales of Dalata’s 0.01 ordinary shares, with purchase prices ranging from EUR 5.1900 to EUR 5.2559 and sale prices from EUR 5.1900 to EUR 5.2600. Derivative transactions included SWAPs and CFDs, with some positions increasing and others decreasing.

Barclays’ disclosure comes as part of the regulatory requirements during takeover situations, ensuring transparency in the market. No additional disclosures regarding other parties to the offer were made, and there were no indemnity or option arrangements, or agreements related to the voting rights of any relevant securities under any option or derivative.

This information is based on a press release statement and is intended to provide shareholders and the market with a clear understanding of Barclays’ position in relation to Dalata Hotel Group PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.