Barclays reports stake in Dalata Hotel Group amid takeover rules

Published 17/04/2025, 13:32
Barclays reports stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) disclosed on April 17, 2025, their stake in DALATA HOTEL GROUP PLC, in accordance with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The disclosure reveals the financial institution’s interests and short positions in the securities of the hotel group, which has become relevant in the context of takeover regulations.

As of April 16, 2025, Barclays PLC (NYSE:BCS) held a total interest of 1.04% with 2,205,231 relevant securities and a short position of 1.07% with 2,270,189 securities in Dalata Hotel Group. The positions encompass both owned and controlled securities, as well as cash-settled derivatives associated with the company’s stock.

The transactions conducted by Barclays included both purchases and sales of Dalata Hotel Group’s ordinary shares, as well as derivative swaps that affected their short positions. The dealings occurred at various prices, with purchase transactions ranging from EUR 5.1000 to EUR 5.1500 per unit and sales transactions also within a similar price band.

This disclosure is a routine regulatory requirement and does not necessarily indicate a strategic move by Barclays PLC. The information is based on a press release statement and does not imply any endorsement or subjective assessment of Dalata Hotel Group’s market position or future prospects.

Barclays has confirmed that they are not making disclosures with respect to any other party to the offer, and there are no indemnity or option arrangements, or agreements or understandings related to the relevant securities that may serve as an inducement to deal or refrain from dealing.

Investors and market observers often monitor such disclosures to gauge the interest and activities of major financial institutions in relation to companies involved in takeover situations. The regulations are designed to ensure transparency and fair dealing in the markets, particularly during sensitive periods such as mergers and acquisitions.

The disclosed information is essential for maintaining market integrity, allowing stakeholders to have access to the same information regarding the financial dealings of institutions like Barclays PLC in relation to companies like 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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