BNP Paribas reports stake in Dalata Hotel Group

Published 01/05/2025, 14:38
BNP Paribas reports stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed its ownership and short positions in Dalata Hotel Group Plc, revealing a mixed investment stance in the hotel operator. According to a regulatory filing with the Irish Takeover Panel, the French bank owns a 2.7% stake in Dalata but also holds a -0.4% short position as of April 30, 2025.

The disclosure, made public on May 1, 2025, indicates BNP Paribas (OTC:BNPQY)’s complex investment strategy involving both long and short positions in the company’s securities. The bank’s total interests amount to approximately 2.8% of Dalata’s shares, while its total short positions represent around -2.94%.

On the dealing side, BNP Paribas engaged in several transactions involving Dalata’s securities. Notably, the bank sold 4,713 shares at a price of EUR 5.0600 each. In addition, BNP Paribas conducted various cash-settled derivative transactions, including increasing both its long and short positions through contracts for difference (CFDs) at the same price level.

The report does not indicate any indemnity or option arrangements, agreements, or understandings related to the voting rights of the relevant securities or future acquisition or disposal of such securities. BNP Paribas has stated that there are none, and no supplemental forms were attached to the disclosure.

This transaction is part of the standard public disclosures required under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates that persons with interests in relevant securities representing 1% or more must report their positions.

Dalata Hotel Group Plc, traded under the ticker IE00BJMZDW83, is an established hotel operator, and such disclosures are closely monitored by investors seeking to understand market movements and stakeholder positions. The information for this article is based on a press release statement.

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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