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LONDON - Barclays PLC (LON:BARC) has revealed its holdings in Dalata Hotel Group PLC, complying with the Irish Takeover Panel’s disclosure requirements under Rule 8.3 of the 1997 Act and the 2022 Takeover Rules. The disclosure, dated April 2, 2025, comes as the company holds interests representing more than 1% of Dalata’s relevant securities.
The financial giant reported owning and controlling 1,348,584 ordinary shares, equivalent to a 0.64% interest, and short positions amounting to 969,842 shares, or 0.46%. Additionally, Barclays holds cash-settled derivatives representing a 0.45% interest with 942,427 shares and short positions totaling 1,367,241 shares or 0.65%. No stock-settled derivatives or agreements to purchase or sell were reported.
On April 2, 2025, Barclays engaged in several transactions involving Dalata’s 0.01 ordinary shares. Purchases ranged from 53 to 12,792 shares at prices between EUR 5.2053 and EUR 5.3300. Sales varied from 6 to 43,291 shares, with prices from EUR 5.2006 to EUR 5.3214. In derivative transactions, Barclays notably decreased short positions through SWAP agreements involving tens of thousands of shares, while also increasing shorts in several instances.
Barclays has not disclosed any indemnity or option arrangements related to these dealings, nor are there any agreements, arrangements, or understandings concerning the voting rights of any relevant securities under any option, or the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced.
The disclosure by Barclays is a routine compliance measure in the context of takeover and merger activities, where parties with significant interests in relevant securities are required to make their positions known. This transparency is crucial for the market to assess the potential influence and intentions of major stakeholders in the context of corporate control changes.
This information is based on a press release statement and provides a snapshot of Barclays PLC (NYSE:BCS)’s interests and short positions in Dalata Hotel Group PLC as required by takeover regulations.
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