Barclays discloses stakes in Dalata Hotel Group amid takeover rules

Published 27/05/2025, 14:42
Barclays discloses stakes in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has disclosed its holdings in Dalata Hotel Group PLC, in compliance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. According to the details provided, Barclays holds both interests and short positions in the hotel group, with the disclosure made public on Tuesday, May 27, 2025.

The financial services company reported it controlled 1,571,690 shares, representing a 0.74% interest, and had short positions amounting to 815,058 shares, or 0.39%. Additionally, Barclays held cash-settled derivatives totaling 773,789 shares (0.37%) with short positions in these derivatives at 1,581,932 shares (0.75%).

On Monday, May 26, 2025, Barclays engaged in multiple transactions involving Dalata’s securities. These dealings included purchases ranging from 5 to 19,364 shares at prices between EUR 5.6700 and EUR 5.7342. Concurrently, sales transactions were also carried out, ranging from 10 to 4,138 shares, with prices spanning EUR 5.6500 to EUR 5.7342.

The report also detailed derivative transactions, with Barclays engaging in SWAP agreements that both increased and decreased their short positions. The prices per unit for these derivatives ranged from EUR 5.6903 to EUR 5.7160.

Barclays has declared no indemnity or dealing arrangements related to the disclosed securities that could be an inducement to deal or refrain from dealing. Furthermore, there are no agreements, arrangements, or understandings related to options or derivatives connected to the voting rights of the relevant securities.

This disclosure is a regulatory requirement under Rule 8.3 of the Irish Takeover Panel’s Code, which mandates that any person with an interest in 1% or more of any class of relevant securities must make an Opening Position Disclosure, detailing their interests and short positions in the relevant securities of the takeover offeror or offeree company.

The information is based on a press release statement and is intended to provide transparency in the financial market, particularly for investors and stakeholders involved with Dalata Hotel Group PLC.

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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