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LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a significant stake in Dalata Hotel Group Plc, a leading hotel operator in Ireland, according to a filing with the Irish Takeover Panel. The French bank revealed that as of April 24, 2025, it holds an aggregate interest of 2.7% and a short position of -2.8% in the company’s securities.
The stake consists of 5,271,985 ordinary shares, representing approximately 2.5% of Dalata Hotel Group’s issued share capital, and cash-settled derivatives amounting to 314,783 shares or 0.15%. On the short side, BNP Paribas (OTC:BNPQY) has -633,220 shares and cash-settled derivatives totaling -5,270,560 shares.
Notably, the bank engaged in several trades on April 24, including the purchase of 105,969 ordinary shares at a price of EUR 5.1300 per share and the increase of a short position through cash-settled derivative contracts for -105,941 shares at EUR 5.1700 each.
The disclosure is part of the regulatory requirements under Rule 8.3 of the Irish Takeover Panel Act, 1997, which mandates that any person holding interests in relevant securities representing 1% or more must report their positions during takeover deals.
Dalata Hotel Group operates hotels under multiple brands across Ireland and the United Kingdom (TADAWUL:4280) and has been subject to market attention due to its growth and expansion strategies. The company’s securities are listed under the ticker IE00BJMZDW83.
This announcement, based on a press release statement, provides transparency regarding BNP Paribas’ dealings with Dalata Hotel Group and complies with the regulations set forth by the Irish Takeover Panel. The bank has not disclosed any indemnity or dealing arrangements related to these holdings, and there are no attachments to the form.
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