Barclays discloses stake in Dalata Hotel Group amid takeover rules

Published 28/05/2025, 15:26
Barclays discloses stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has revealed its position in Dalata Hotel Group PLC, detailing its interests and short positions in accordance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The disclosure, made on May 28, 2025, follows recent purchase and sale transactions in Dalata’s shares.

As of May 27, 2025, Barclays PLC (NYSE:BCS) holds an interest of 1,580,681 ordinary shares, representing a 0.75% stake in the hotel group. The financial institution also has short positions amounting to 806,001 shares, or 0.38%. Additionally, Barclays has engaged in cash-settled derivatives, holding 766,066 shares, or 0.36%, and short positions of 1,531,857 shares, or 0.72%.

The recent trading activity included purchases ranging from 1 to 33,186 Dalata shares at prices between €5.6750 and €5.7406. Sales transactions were also reported, with numbers of securities sold ranging from 1 to 24,185 at similar price points.

Barclays’ dealings in derivatives saw a mix of increasing and decreasing short positions through swaps and contracts for differences (CFDs). Notably, a swap transaction increased a short position by 33,186 shares at a price of €5.7016, while another swap transaction decreased a short position by 24,185 shares at €5.7396.

The disclosure does not indicate any indemnity or dealing arrangements that could be an inducement to deal or refrain from dealing. There are also no agreements, arrangements, or understandings related to options or derivatives connected to the voting rights of Dalata’s relevant securities.

This information is based on a press release statement and is crucial for investors and regulatory bodies to monitor the activities of major shareholders, especially in the context of takeover rules which require transparency of significant stakes in companies. Dalata Hotel Group PLC, as the subject of this disclosure, is a prominent player in the hospitality industry, and such financial movements are of interest to the market and stakeholders.

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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