BNP Paribas discloses 0.36% stake in Dalata Hotel Group

Published 22/08/2025, 11:54
BNP Paribas discloses 0.36% stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a 0.36% interest in Dalata Hotel Group Plc, according to a regulatory filing released Friday.

The French bank reported holding 751,267 shares representing a long position and 753,730 shares in a short position in the Irish hotel operator as of August 21, 2025.

The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, reveals BNP Paribas (OTC:BNPQY) owns or controls 550,314 ordinary shares, equivalent to 0.26% of Dalata, while maintaining a short position of 203,596 shares, or 0.10% of the company.

Additionally, the bank holds cash-settled derivatives representing 200,953 shares (0.10%) in long positions and 550,134 shares (0.26%) in short positions.

Recent transactions disclosed in the filing show BNP Paribas sold 24,073 Dalata shares at €6.38 per share while purchasing 116,663 shares at €6.39 per share. The bank also conducted cash-settled derivative transactions, increasing its short position by 116,637 shares at €6.39 and reducing it by 24,067 shares at €6.38.

The disclosure was made in accordance with Irish takeover regulations that require public reporting of interests representing 1% or more in companies involved in potential takeover situations.

The filing did not provide information about any potential takeover offer for Dalata Hotel Group, which operates hotels across Ireland and the United Kingdom (TADAWUL:4280).

The disclosure was submitted through the Regulatory Information Service of the London Stock Exchange (LON:LSEG).

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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