IREN proposes $875 million convertible notes offering due 2031
LONDON - BNP Paribas SA has disclosed a 1.5% ownership position in Dalata Hotel Group Plc, according to a regulatory filing published Thursday.
The French banking group reported holding 3,177,378 ordinary shares in the Irish hotel operator, representing approximately 1.5% of the company. The disclosure also revealed short positions totaling 3,178,912 shares, equivalent to 1.5% of Dalata’s share capital.
The filing, made under Rule 8.3 of the Irish Takeover Panel Act, details several transactions conducted on October 1, including both purchases and sales of Dalata shares at €6.38 per share, as well as reductions in short positions through cash-settled derivative transactions at €6.39 per share.
The disclosure is required under Irish takeover regulations for entities holding interests of 1% or more in companies potentially involved in takeover situations.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom operating primarily under the Clayton and Maldron brands.
The information was provided in a Form 8.3 filing submitted to the Regulatory Information Service of the London Stock Exchange.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.