BNP Paribas discloses 1.5% stake in Dalata Hotel Group

Published 09/10/2025, 13:32
BNP Paribas discloses 1.5% stake in Dalata Hotel Group

LONDON - BNP Paribas SA has disclosed a 1.5% stake in Dalata Hotel Group Plc, according to a regulatory filing released Thursday.

The French banking group reported ownership of 3,248,123 ordinary shares in the Irish hotel operator, representing approximately 1.5% of the company. The disclosure also revealed short positions totaling 3,249,612 shares, or about 1.54% of Dalata’s share capital.

The filing, made under Rule 8.3 of the Irish Takeover Panel Act, details several recent transactions. These include the sale of 57 shares and the purchase of 239 shares at €6.38 per unit, along with a cash-settled derivative transaction reducing a short position by 392 shares at €6.39 per unit.

The disclosure was required as BNP Paribas holds interests in relevant securities representing 1% or more of Dalata Hotel Group. The position was reported as of October 8, 2025.

Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the UK, primarily under the Clayton and Maldron brands.

The disclosure comes amid potential takeover activity surrounding Dalata, as indicated by the filing being submitted under Irish takeover regulations, though no specific offer details were mentioned in the statement.

The information was provided in a Form 8.3 filing to the Regulatory Information Service of the London Stock Exchange, based on a press release statement from BNP Paribas.

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