Barclays discloses stake in Dalata Hotel Group amid takeover rules

Published 22/05/2025, 14:10
Barclays discloses stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has disclosed its interests and short positions in the Dalata Hotel Group PLC, revealing a combined total holding exceeding 1% of the company’s issued share capital, as per the requirements of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

According to a filing dated May 21, 2025, Barclays PLC (NYSE:BCS) holds 1,593,708 shares, representing a 0.75% interest in Dalata Hotel Group. The company also holds short positions amounting to 798,580 shares, or 0.38% of the hotel group. Additionally, Barclays PLC has cash-settled derivatives comprising 753,632 shares (0.36%) and short positions in derivatives totaling 1,603,890 shares (0.76%).

The disclosure comes amid takeover regulations that require parties with interests in relevant securities representing 1% or more to report their positions. Barclays PLC’s report included a detailed account of recent transactions involving Dalata Hotel Group’s securities, with purchases ranging from 1 to 9,261 shares at prices between EUR 5.5000 and EUR 5.5594. Sales transactions listed included up to 16,216 shares at prices reaching EUR 5.5766.

No rights to subscribe for new securities were reported, and there were no dealings in stock-settled derivatives. The disclosure also confirmed that Barclays PLC is not making disclosures with respect to any other party to the offer.

The announcement did not specify any indemnity or option arrangements, nor any agreements or understandings relating to the voting rights of relevant securities under any option or the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced.

This information, based on a press release statement, is significant for investors tracking ownership and market movements related to Dalata Hotel Group PLC, especially in the context of takeover regulations that impact shareholder rights and potential control changes within the company.

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.