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LONDON - Barclays PLC (LON:BARC) disclosed on Friday its holdings in Dalata Hotel Group PLC, revealing both interests and short positions, as mandated by the Irish Takeover Panel’s rules. The disclosure follows the regulations under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which apply to parties with interests in relevant securities representing 1% or more.
As of Thursday, Barclays held 1,562,957 shares, equating to a 0.74% interest, and a short position of 825,825 shares, or 0.39%, in Dalata Hotel Group PLC. Additionally, the financial institution reported cash-settled derivatives comprising 781,423 shares, representing a 0.37% interest, and a short position of 1,571,595 shares, or 0.74%.
The trading activity included both purchases and sales of Dalata’s 0.01 ordinary shares, with individual transaction prices ranging from 5.5450 to 5.7859 EUR. In terms of cash-settled derivatives, Barclays engaged in SWAP transactions that both increased and decreased short positions, with prices per unit in a similar range.
Barclays confirmed that there were no dealings in stock-settled derivatives or other transactions such as exercising options related to Dalata Hotel Group PLC. Additionally, the disclosure clarified that no indemnity or option arrangements were in place that could be considered inducements to deal or refrain from dealing in the relevant securities.
The information, based on a press release statement, provides a snapshot of Barclays’ financial involvement with Dalata Hotel Group PLC, a prominent hotel operator, and may be of particular interest to investors monitoring the market for hospitality and tourism-related stocks. This disclosure is part of standard regulatory requirements to ensure transparency in financial markets.
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