BNP Paribas discloses stake in Dalata Hotel Group

Published 20/05/2025, 11:54
BNP Paribas discloses stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has reported a significant stake in Dalata Hotel Group Plc, a leading hotel operator in Ireland. As of May 19, 2025, the French banking giant controls a combined total interest of 2.7% and a short position amounting to -2.78% in the company’s securities.

The disclosure, made under the rules of the Irish Takeover Panel, revealed that BNP Paribas (OTC:BNPQY) owns 5,415,156 shares, representing a 2.6% interest in Dalata Hotel Group. Additionally, BNP Paribas has cash-settled derivatives totaling 293,209 shares and short positions in 630,840 shares. The bank has also engaged in cash-settled derivative transactions, which include increasing both its short and long positions through contracts for difference.

In recent dealings, BNP Paribas sold a total of 14,593 shares of Dalata Hotel Group at a price of EUR 5.1300 per share. Concurrently, the bank increased its short position by 9,974 shares and its long position by 1,803 shares through contracts for difference at a price of EUR 5.3800 per share.

The bank has confirmed that there are no indemnity or option arrangements, or any agreements or understandings that would be an inducement to deal or refrain from dealing in the relevant securities of Dalata Hotel Group.

This information is based on a press release statement and is intended to keep the market informed of BNP Paribas’ holdings in Dalata Hotel Group as required by regulatory obligations. The bank’s dealings in the securities of Dalata Hotel Group are subject to public disclosure under the Irish Takeover Panel’s rules.

Investors and market watchers often monitor such disclosures closely, as they can indicate financial institutions’ views on a company’s performance and prospects. BNP Paribas’ investment moves are particularly noteworthy given the bank’s prominence in the financial sector.

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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