BNP Paribas discloses 2.6% stake in Dalata Hotel Group

Published 23/06/2025, 11:54
BNP Paribas discloses 2.6% stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a 2.6% interest in Dalata Hotel Group Plc, according to a regulatory filing published Monday.

The French banking group also reported a short position of 2.63% in the Irish hotel operator, based on the Form 8.3 filing with the Irish Takeover Panel.

The disclosure, dated June 20, 2025, shows BNP Paribas (OTC:BNPQY) holds 5,535,512 shares representing a long position and 5,568,027 shares in short positions in Dalata.

The filing details that BNP Paribas owns or controls 5,242,299 relevant securities, representing 2.5% of Dalata shares, while holding 293,213 securities through cash-settled derivatives, accounting for an additional 0.14%.

The bank’s short position includes 352,391 relevant securities owned or controlled and 5,215,636 cash-settled derivatives.

The disclosure also reports recent transactions, including the sale of 193 Dalata shares at €5.13 per share and the purchase of 365 shares at the same price. Additionally, BNP Paribas increased its short position by 602 shares at €5.17 per share and reduced it by 34 shares at €5.13.

The filing was made under Rule 8.3 of the Irish Takeover Panel Act, which requires disclosure from persons with interests in relevant securities representing 1% or more during offer periods.

This information is based on a regulatory press release statement submitted to the London Stock Exchange (LON:LSEG)’s news service.

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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