BNP Paribas discloses 0.4% stake in Dalata Hotel Group

Published 29/07/2025, 12:26
BNP Paribas discloses 0.4% stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed its position in Dalata Hotel Group Plc, revealing a 0.4% interest in the Irish hotel operator, according to a regulatory filing published Tuesday.

The French banking group reported holding 814,260 shares representing a long position and 816,195 shares in a short position, equivalent to approximately 0.39% of Dalata’s share capital.

The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, shows BNP Paribas (OTC:BNPQY) owns or controls 447,438 relevant securities, while holding positions in cash-settled derivatives amounting to 366,822 shares.

The filing also detailed several transactions conducted on July 28, including purchases totaling 82,294 shares and sales of 367 shares, all executed at €5.13 per share.

Such disclosures are required when entities hold interests of 1% or more in companies that may be involved in takeover situations, though the filing did not specify any active takeover proceedings involving Dalata.

Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280) operating primarily under the Clayton and Maldron brands.

The information was provided in a Form 8.3 filing submitted to the Irish Takeover Panel and released through the Regulatory Information Service of the London Stock Exchange (LON:LSEG).

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