Barclays reports stake in Dalata Hotel Group

Published 14/04/2025, 15:22
Barclays reports stake in Dalata Hotel Group

LONDON - Barclays PLC (LON:BARC) disclosed on Monday its interest and short positions in Dalata Hotel Group PLC, a prominent hotel operator, indicating a stake that crosses the disclosure threshold set by the Irish Takeover Panel Act of 1997 and Takeover Rules of 2022.

According to the details released, Barclays PLC (NYSE:BCS) holds an interest in 1,570,062 ordinary shares of Dalata Hotel Group, representing approximately 0.74% of the company’s issued share capital. Additionally, Barclays has short positions amounting to 879,676 shares, about 0.42% of the company’s ordinary shares. Furthermore, the financial institution has cash-settled derivatives comprising 833,423 shares (0.39%) and short positions via derivatives of 1,584,259 shares (0.75%).

The dealing date that triggered this disclosure was April 11, 2025. The transactions included purchases of Dalata Hotel Group’s ordinary shares at prices ranging from EUR 4.8300 to EUR 4.9300 and sales at similar price levels. The bank also engaged in various SWAP transactions, which resulted in an increase and decrease in short positions.

Barclays has not disclosed any dealings in respect of any other party to the offer, nor are there any indemnity or other dealing arrangements that may be an inducement to deal or refrain from dealing disclosed by the person making the disclosure.

This information, based on a press release statement, is essential for investors as it indicates significant trading activity by a major financial institution in the shares of Dalata Hotel Group. It provides insights into the interest levels and potential strategies of institutional investors regarding this specific hotel operator.

The disclosure does not necessarily imply any intention by Barclays to influence control of Dalata Hotel Group but is a regulatory requirement meant to maintain transparency in the market. As such dealings can affect the stock’s performance, market participants often monitor such disclosures closely.

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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