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LONDON - BNP Paribas SA (ETR:BNPP) has reported alterations in its holdings of Dalata Hotel Group Plc, a prominent hotel operator in Ireland, according to a regulatory disclosure filed on April 23, 2025. The French banking group now controls a total interest of 2.6% in the hotel company, split between ownership of shares and cash-settled derivatives.
The disclosure, mandated under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, reveals that BNP Paribas (OTC:BNPQY) owns 5,107,085 shares, amounting to a 2.41% stake in Dalata Hotel Group. Concurrently, it has short positions totaling -323,460 shares, or -0.15%. In addition, the bank holds cash-settled derivatives amounting to 316,638 shares, representing a 0.15% positive interest, and a further -5,106,385 shares in short positions through derivatives, equating to a -2.41% interest.
The disclosure also detailed transactions that occurred on April 22, 2025. BNP Paribas sold 7,709 ordinary shares of Dalata Hotel Group at a price of EUR 5.1300 per share and reduced its short positions in cash-settled derivatives by the same number of shares at the same price. Additionally, the bank increased its short positions through derivatives by a total of 38 shares at a price of EUR 5.1700 per share.
No other dealings in stock-settled derivatives, such as options, were reported, and there were no new securities transactions noted.
BNP Paribas has stated that there are no indemnity or option arrangements, or agreements or understandings related to the voting rights of the relevant securities under any options or derivatives. The bank also confirmed that no supplemental Form 8 is attached to the filing.
This disclosure comes as part of the standard regulatory requirements for entities holding over a 1% interest in a company involved in a takeover situation or otherwise subject to the rules of the Irish Takeover Panel. The information is based on a press release statement and is intended to provide transparency in the financial markets.
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