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LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a 2.6% interest in Dalata Hotel Group Plc, according to a regulatory filing published Wednesday under Irish takeover rules.
The French banking group reported holding 5,543,901 shares representing a 2.6% interest in the hotel operator, alongside short positions totaling 2.64% of Dalata’s share capital.
The disclosure, made in a Form 8.3 filing to the Irish Takeover Panel, shows BNP Paribas (OTC:BNPQY) owns or controls 5,250,688 ordinary shares, representing 2.5% of Dalata, with additional exposure through cash-settled derivatives.
The filing also details recent transactions in Dalata shares, including purchases at €5.13 per share on July 1, 2025.
Irish takeover rules require disclosure of positions representing 1% or more of a company’s shares during an offer period. Such disclosures typically occur when a company becomes subject to takeover speculation or formal acquisition proceedings.
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 disclosure was made in accordance with Rule 8.3 of the Irish Takeover Panel Act, which mandates transparency regarding significant shareholdings during potential acquisition scenarios.
The information was provided in a regulatory filing to the London Stock Exchange (LON:LSEG)’s news service.
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