BNP Paribas reports stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed its stake in Dalata Hotel Group Plc, revealing both long and short positions that surpass the 1% threshold, according to a filing with the Irish Takeover Panel dated April 11, 2025. The French bank now holds a 2.45% interest and a 2.45% short position in the Irish hotel operator.

The disclosure, as mandated by the Irish Takeover Panel Act of 1997 and the Takeover Rules of 2022, comes amid no indication of an ongoing takeover bid for Dalata Hotel Group. BNP Paribas (OTC:BNPQY)’s engagement in both buying and selling activities in Dalata’s shares has been significant, with transactions including both purchases and sales of the company’s ordinary shares, traded under the ticker IE00BJMZDW83.

On the buying side, BNP Paribas made multiple purchases of Dalata shares ranging from 369 shares at EUR 4.8700 to 1,502,334 shares at EUR 4.8800. Conversely, sales included transactions from 201 shares at EUR 4.8150 to 10,711 shares at EUR 4.8876. The bank also engaged in cash-settled derivative transactions involving Dalata securities, such as reducing a short position by 1,998 shares at EUR 4.8950 and increasing a long position by 45 shares at EUR 4.8800.

The report from BNP Paribas does not indicate any indemnity or dealing arrangements that might be an inducement to deal or refrain from dealing in the relevant securities. The bank also confirmed the absence of any agreements, arrangements, or understandings related to options or derivatives connected to Dalata Hotel Group’s voting rights.

The information disclosed by BNP Paribas is based on a press release statement and is a routine disclosure for entities holding significant stakes in public companies. It provides transparency to the market and allows investors to be informed about significant holdings that could influence stock performance. The disclosed positions reflect the bank’s trading activities up to the latest practicable date prior to the disclosure, which in this case was April 11, 2025.

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