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LONDON - BNP Paribas SA (ETR:BNPP) has announced its ownership and control of shares in Dalata Hotel Group Plc, the largest hotel operator in Ireland, with a significant percentage of interests and short positions. According to a filing with the Irish Takeover Panel, the French bank disclosed a 2.8% interest in the hotel group through ownership of 5,608,720 shares and a -2.94% short position through derivatives as of May 7, 2025.
The bank’s dealings included both the purchase of Dalata Hotel Group shares and adjustments to its cash-settled derivatives positions. Specifically, BNP Paribas (OTC:BNPQY) purchased 8,799 shares at a price of EUR 5.0600 each and made various transactions in derivatives that both increased and reduced their short positions.
This disclosure is a part of the regulatory requirements under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates that any person with an interest in relevant securities representing 1% or more must make an opening position disclosure/dealing disclosure.
The transactions by BNP Paribas come at a time when investment in the hospitality sector is under close scrutiny, given the industry’s recovery trajectory post-pandemic. Dalata Hotel Group operates several well-known hotel brands and has been expanding its footprint across the UK and Ireland.
The disclosure did not indicate any agreements, arrangements, or understandings related to the voting rights of any relevant securities under any options or derivatives. The bank also confirmed that no supplemental Form 8 was attached to this disclosure.
Investors and market watchers often monitor such disclosures for insights into how major financial institutions are positioning themselves in the market, which can signal confidence or concern over the prospects of the companies in question.
This information is based on a press release statement and reflects BNP Paribas SA’s reported holdings as of the latest practicable date prior to the disclosure.
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