Barclays discloses stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has revealed its holdings in DALATA HOTEL GROUP PLC, complying with the Irish Takeover Panel regulations. The disclosure, dated June 5, 2025, shows Barclays owning a combined interest and short position amounting to approximately 0.81% in both categories in the hotel operator’s shares.

The positions reported include 1,122,260 shares with voting rights and a short position of 637,650 shares. Additionally, the bank holds cash-settled derivatives comprising 598,424 interests and 1,072,336 short positions. The transactions leading to this disclosure involved both purchases and sales of Dalata’s ordinary shares, with individual transaction prices ranging from 6.2000 to 6.3004 EUR.

Barclays’ dealings in the securities took place against the backdrop of the Irish Takeover Panel’s Rule 8.3, which mandates parties with over a 1% interest in relevant securities to disclose their positions during a takeover period. The bank confirmed that it is not making disclosures for any other party to the offer and has no indemnity or option arrangements related to Dalata’s securities.

The financial institution’s trading activities included multiple transactions, both buying and selling the hotel group’s shares, as well as engaging in derivative contracts such as swaps, which resulted in changes to their short positions.

This announcement, based on a press release statement, provides transparency in line with market regulations, ensuring that stakeholders are informed about significant shareholdings and trading activities by financial institutions in relation to companies undergoing corporate actions, such as takeovers.

Dalata Hotel Group, an Irish hotel operator, is subject to the Irish Takeover Panel’s oversight due to its listed status, which requires detailed public disclosures of share dealings and interests by significant shareholders during takeover-related periods.

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