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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 Monday.
The French banking group reported holding 5,536,786 shares representing a 2.6% stake in the Irish hotel operator, alongside short positions totaling 2.63% of Dalata’s share capital.
The disclosure, made under Irish Takeover Panel rules, shows BNP Paribas (OTC:BNPQY) owns or controls 5,243,573 ordinary shares directly, with additional exposure through cash-settled derivatives.
The filing indicates BNP Paribas conducted several transactions on July 11, including sales of Dalata shares at €5.13 per share and adjustments to derivative positions.
Irish takeover regulations require public disclosure when an entity’s interest in a company exceeds 1% during an offer period.
The disclosure was made via a Form 8.3 filing to the London Stock Exchange (LON:LSEG)’s Regulatory Information Service, as required for opening position disclosures under Irish takeover rules.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280).
The information was disclosed in a regulatory filing based on a press release statement.
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