Barclays reports stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has disclosed holdings in Dalata Hotel Group PLC, revealing both interests and short positions in the company’s securities, as per a recent filing with the Irish Takeover Panel. This disclosure comes in accordance with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates that persons with interests in relevant securities representing 1% or more must report their positions.

The filing, dated Monday, June 9, 2025, indicates that Barclays PLC (NYSE:BCS) owns 1,105,575 ordinary shares of Dalata Hotel Group, amounting to a 0.52% interest. Additionally, the bank has a 0.30% short position with 627,849 shares. The bank also holds cash-settled derivatives representing a 0.28% interest and a 0.50% short position, bringing the total disclosed positions to 0.80% in both interests and short positions.

The transactions listed include both purchases and sales of Dalata Hotel Group’s ordinary shares on Friday, June 6, 2025, with prices ranging from 6.2400 to 6.3200 EUR. The filing also details cash-settled derivative transactions, including swaps and contracts for differences (CFDs), with varying effects on the bank’s short position.

According to the disclosure, Barclays PLC is not involved in any indemnity or option arrangement, nor does it have any agreements, arrangements, or understandings related to options or derivatives that would influence voting rights or the acquisition or disposal of relevant securities.

The reported dealings occur within the context of the Irish Takeover Panel’s regulatory framework, which oversees the conduct of takeovers and other relevant transactions in Ireland. The disclosure does not necessarily indicate an intent to influence control of Dalata Hotel Group but is a regulatory requirement for entities holding significant stakes in companies subject to takeover rules.

Dalata Hotel Group PLC, listed on the Irish Stock Exchange, operates as one of Ireland’s largest hotel operators. The information regarding Barclays PLC’s positions in the company is based on a press release statement and reflects the necessary transparency in the financial market, particularly during periods when companies may be subject to takeover speculation or activity.

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