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LONDON - Barclays PLC (LON:BARC) disclosed on Monday that it holds both long and short positions in Dalata Hotel Group PLC, reflecting mixed investment interests in the Irish hotel operator. As per the latest regulatory filing, the British bank owns a 0.64% long position and a 0.45% short position in the company's ordinary shares, as of Sunday.
In addition to direct shareholdings, Barclays also reported cash-settled derivatives corresponding to a 0.43% long position and a 0.64% short position in Dalata Hotel Group. The combined total of these holdings brings Barclays' interest in the hotel group to 1.06% on the long side and 1.09% on the short side.
The transactions detailed in the disclosure included both purchases and sales of Dalata's ordinary shares, with individual transaction prices ranging from 4.6750 to 4.7480 EUR. Additionally, the bank engaged in various swap transactions, which are typically used to hedge or modify exposure to the underlying securities.
This disclosure is part of the regulatory requirements under Rule 8.3 of the Irish Takeover Panel Act, 1997, which mandates that any entity with an interest in relevant securities representing 1% or more must report their positions during a takeover period. However, Barclays confirmed that it is not making disclosures with respect to any other party to the offer.
The report by Barclays comes amid heightened scrutiny of investment positions during takeover talks, although the filing did not indicate any direct involvement with potential transactions concerning Dalata Hotel Group. Investors often monitor such disclosures to gauge market sentiment and potential shifts in stock ownership that could influence a company's share price.
The information is based on a press release statement and follows the standard procedures for regulatory disclosures in the United Kingdom (TADAWUL:4280), as overseen by the Financial Conduct Authority.
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