BNP Paribas reports stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a significant stake in Dalata Hotel Group Plc, a prominent hotel operator in Ireland. According to a filing with the Irish Takeover Panel dated May 6, 2025, the French bank holds an aggregate interest of 2.8% and short positions amounting to -2.94% in the company.

The disclosure, which follows the rules under the Irish Takeover Panel Act of 1997 and Takeover Rules of 2022, indicates that BNP Paribas (OTC:BNPQY) owns 5,608,391 shares and controls cash-settled derivatives for 301,666 shares. At the same time, the bank has short positions in 925,861 shares and cash-settled derivatives shorting 5,295,675 shares of Dalata Hotel Group.

The transactions that led to this disclosure include the sale of 291 shares and the purchase of 266 shares at a price of EUR 5.0600 per unit. Additionally, BNP Paribas reduced its short position through a contract for difference involving 293 shares at the same price.

No details were provided about any indemnity or option arrangements, nor were there any agreements, arrangements, or understandings related to the voting rights of the relevant securities. The bank has stated that there are no such agreements or understandings in place.

This disclosure is a routine regulatory filing and does not necessarily indicate a strategic move by BNP Paribas. Investors and the market typically monitor such disclosures for insights into the activities of significant shareholders in publicly traded companies.

Dalata Hotel Group operates hotels across Ireland and the UK and is listed on the Irish Stock Exchange. The stock is traded under the ticker IE00BJMZDW83.

The information provided in this article is based on a press release statement.

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