BNP Paribas discloses stake in Dalata Hotel Group

Published 06/05/2025, 11:30
BNP Paribas discloses stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has reported its holdings in Dalata Hotel Group Plc, revealing a mix of interests and short positions in the company’s securities. According to a disclosure filed on Tuesday, the financial institution owns a total interest of 2.8% and a short position amounting to -2.94% in the Irish hotel operator.

The disclosure, mandated under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates that BNP Paribas (OTC:BNPQY) held these positions as of Monday, May 2, 2025. The bank’s exact holdings include 5,604,635 shares, equating to a 2.7% interest, and a short position of -922,080 shares, or -0.4%. Additionally, BNP Paribas has cash-settled derivatives comprising 301,666 shares, representing a 0.14% interest, and a short position in cash-settled derivatives of -5,295,968 shares, or -2.5%.

The reported transactions in Dalata Hotel Group’s securities include both purchases and sales of shares, as well as adjustments to cash-settled derivative positions. Notably, the bank sold 132 shares at a price of EUR 5.0600 per share and purchased 5,849 shares at the same price. Furthermore, BNP Paribas engaged in several contract for difference (CFD) transactions, adjusting its short positions with both increases and reductions.

This disclosure does not involve any dealings in stock-settled derivatives, such as options, nor does it include any indemnity or option arrangements, agreements, or understandings related to the voting rights of the relevant securities.

The information, based on a press release statement, provides insight into BNP Paribas’s investment moves regarding Dalata Hotel Group Plc and is a routine disclosure for entities holding more than 1% of a company’s securities. The disclosure does not imply any specific investment strategy or recommendation and is purely a regulatory requirement.

BNP Paribas has not disclosed any actions in relation to other parties to the offer, stating "NO" to such inquiries in the form. The financial details and transactions reported are a matter of public record and are accessible through regulatory information services.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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