BNP Paribas discloses 2.6% stake in Dalata Hotel Group

Published 16/07/2025, 12:04
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 released Wednesday. The French bank also reported a short position of 2.63% in the Irish hotel operator.

The disclosure, made under Irish Takeover Panel rules, reveals BNP Paribas (OTC:BNPQY) holds 5,527,722 shares representing a long position in Dalata, while maintaining short positions totaling 5,556,125 shares.

The filing shows the bank owns or controls 5,234,509 ordinary shares directly, with additional exposure through cash-settled derivatives. BNP Paribas also disclosed several transactions conducted on July 15, including sales of Dalata shares at €5.13 per share.

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 compliance with Rule 8.3 of the Irish Takeover Panel Act, which requires persons with interests in relevant securities representing 1% or more to disclose their positions. Such disclosures are typically required during takeover situations, though the filing does not specify if Dalata is currently subject to a takeover approach.

The information was provided in a Form 8.3 filing submitted to the Regulatory Information Service of the London Stock Exchange (LON:LSEG) based on positions held as of July 15, 2025.

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