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LONDON - BNP Paribas SA (ETR:BNPP) has disclosed its position in Dalata Hotel Group Plc, revealing ownership of approximately 0.7% in long positions and 0.66% in short positions of the Irish hotel operator’s relevant securities, according to a regulatory filing published Monday.
The French banking giant reported holding 1,389,463 shares in long positions and 1,391,039 shares in short positions as of August 1, 2025. These positions include both directly owned securities and cash-settled derivatives.
The disclosure was made under Rule 8.3 of the Irish Takeover Panel Act, which requires entities with interests of 1% or more to disclose their holdings when a company becomes subject to takeover discussions.
Recent trading activity detailed in the filing shows BNP Paribas (OTC:BNPQY) purchased 446,492 shares at €5.13 per share while simultaneously selling 5,550 shares at the same price. The bank also conducted several cash-settled derivative transactions, including reducing short positions by 5,588 shares and increasing short positions by 446,389 shares.
Dalata Hotel Group, Ireland’s largest hotel operator, has not made any public statements regarding a potential takeover offer. The disclosure requirement suggests the company may be involved in discussions that could lead to a change in ownership.
The filing was submitted to the Irish Takeover Panel as an opening position disclosure, a standard procedure when companies become subject to takeover rules.
This article is based on information contained in a regulatory filing made by BNP Paribas to the London Stock Exchange (LON:LSEG)’s Regulatory News Service.
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