Bullish indicating open at $55-$60, IPO prices at $37
LONDON - BNP Paribas SA (ETR:BNPP) has disclosed changes in its holdings in Dalata Hotel Group Plc, revealing both interests and short positions in the company’s securities, according to a regulatory filing with the Irish Takeover Panel. The French bank now holds a total interest of 2.7% and a short position of -2.76% in the hotel operator.
The disclosure, dated May 21, 2025, indicates that BNP Paribas SA controls 5,381,080 shares, equating to a 2.5% stake in Dalata Hotel Group. In addition, the bank has cash-settled derivatives representing a 0.14% interest and a short position of -2.5% through derivatives.
The transactions included sales of Dalata’s ordinary shares with the IE00BJMZDW83 ticker, at prices ranging from EUR 5.1300 to EUR 5.3800. BNP Paribas (OTC:BNPQY) also reported increasing its short position through contracts for difference (CFDs) at prices between EUR 5.3000 and EUR 5.3800.
This announcement comes amidst no reported dealings by BNP Paribas in any other party to the offer, marking the latest position prior to this disclosure. The bank has not entered into any indemnity or option arrangements, nor does it have any agreements, arrangements, or understandings related to the voting rights or future acquisition or disposal of relevant securities.
The London Stock Exchange (LON:LSEG)’s news service RNS, approved by the Financial Conduct Authority, disseminated the information based on a press release statement. It is important to note that public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service. Compliance Control Room at BNP Paribas can be reached at the provided telephone number for further inquiries.
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