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LONDON - BNP Paribas SA (ETR:BNPP) disclosed on Monday that it has acquired a significant stake in Dalata Hotel Group Plc, a leading hotel operator in Ireland. The French bank now holds a total interest of 2.5% in the company, according to a regulatory filing with the Irish Takeover Panel.
The disclosure, dated April 15, 2025, shows BNP Paribas (OTC:BNPQY) controlling 4,965,067 shares and cash-settled derivatives amounting to 316,545 shares. Concurrently, the bank has short positions totaling 323,460 shares and cash-settled derivatives representing -4,962,886 shares, balancing its total interest at 2.5%.
BNP Paribas engaged in several transactions involving Dalata’s stock on April 15. Purchases were made at prices ranging from EUR 5.0600 to EUR 5.1700 per share, while sales were executed at EUR 4.9500 per share. The bank also adjusted its positions through cash-settled derivatives, including reducing and increasing short positions at prices between EUR 5.1300 and EUR 5.2200.
Dalata Hotel Group, listed on the Dublin and London stock exchanges under the ticker IE00BJMZDW83, has not been identified as part of a takeover offer, and BNP Paribas has not disclosed any dealings concerning other parties to any offer. The bank has also confirmed that there are no indemnity or option arrangements, or any agreements or understandings related to the voting rights or future acquisition or disposal of relevant securities.
This information is based on a press release statement and reflects the bank’s holdings as of the latest practicable date prior to the disclosure. It provides a snapshot of BNP Paribas’ investment in Dalata Hotel Group and its trading activities in the company’s securities. The disclosure is mandatory under the rules governing the conduct of takeovers, mergers, and acquisitions in Ireland, ensuring transparency in the market.
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