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LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a 2.6% interest in Dalata Hotel Group Plc alongside a 2.65% short position, according to a regulatory filing published Thursday.
The French banking group reported owning and controlling 5,236,470 ordinary shares representing approximately 2.5% of Dalata, with additional interests through cash-settled derivatives bringing its total long position to 5,566,912 shares or 2.6%.
Simultaneously, BNP Paribas (OTC:BNPQY) disclosed short positions totaling 5,595,292 shares or 2.65% of the Irish hotel operator, primarily through cash-settled derivatives.
The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, shows recent trading activity including the sale of 37,806 shares and purchase of 1,961 shares, all at €5.13 per share on July 16.
BNP Paribas also reported several cash-settled derivative transactions on the same date, including increasing a short position by 1,961 securities and reducing short positions across multiple smaller transactions.
The filing, submitted as an opening position disclosure, is required under Irish takeover rules for entities with interests representing 1% or more in relevant securities. The bank confirmed it has no indemnity arrangements or agreements relating to options or derivatives with any party to a potential offer.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the UK. The disclosure was made in a Form 8.3 filing to the Irish Takeover Panel, based on positions held as of July 16, 2025.
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