Barclays discloses stake in Dalata Hotel Group amid takeover rules

Published 03/04/2025, 15:14
Barclays discloses stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has revealed its interests and short positions in Dalata Hotel Group PLC, complying with the Irish Takeover Panel’s Rule 8.3. The disclosure follows transactions on April 2, 2025, indicating Barclays’ involvement in the hotel group’s securities.

The financial institution reported owning 1,348,584 shares, equivalent to a 0.64% interest, and holding short positions of 969,842 shares, or 0.46%. Additionally, Barclays has cash-settled derivatives amounting to a 0.45% interest and a 0.65% short position.

Barclays engaged in multiple transactions involving Dalata’s 0.01 ordinary shares, with purchase prices ranging from 5.2053 to 5.3300 EUR and sale prices between 5.2006 and 5.3214 EUR. The bank also reported various cash-settled derivative transactions, including SWAPs and CFDs, which adjusted their short positions.

No stock-settled derivatives were reported, and Barclays confirmed that there were no indemnity or option arrangements related to the disclosure. Furthermore, there were no agreements or understandings regarding the voting rights of the relevant securities under any option or the voting rights of future acquisition or disposal of those securities.

The information, based on a press release statement, is part of regulatory requirements in the context of takeover rules and is essential for investors and stakeholders monitoring changes in significant shareholdings and market positions.

Barclays’ dealings with Dalata Hotel Group PLC are part of standard market operations and do not necessarily indicate a strategic shift or intention to influence the company’s management or outcomes of any potential takeover proceedings.

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

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