Dell falls as soft current quarter guide offsets Q2 beat, full-year outlook lift
LONDON - BNP Paribas SA has disclosed its position in Dalata Hotel Group Plc, revealing ownership of 686,157 shares representing a 0.3% stake in the Irish hotel operator, according to a regulatory filing published Thursday.
The French banking group also reported short positions totaling 692,128 shares, equivalent to approximately 0.33% of Dalata’s issued share capital.
The disclosure, made in compliance with the Irish Takeover Panel rules, details several transactions conducted on August 27. These include the purchase of 143,865 ordinary shares at prices ranging from €6.38 to €6.39 per share, alongside the sale of 3,932 shares at €6.38.
BNP Paribas also reported increasing its short position through cash-settled derivative transactions involving 308,234 reference securities at a price of €6.39 per unit.
The filing indicates BNP Paribas is not making disclosures regarding any other party to an offer, suggesting no formal takeover bid has been announced for Dalata Hotel Group.
Dalata Hotel Group, which trades on the Irish Stock Exchange, operates hotels under the Clayton and Maldron brands across Ireland and the United Kingdom.
The disclosure was submitted as an opening position disclosure under Rule 8.3 of the Irish Takeover Panel Act, which requires persons with interests in relevant securities representing 1% or more to report their holdings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.