BNP Paribas reports stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed a combined holding in Dalata Hotel Group Plc, marking a notable position in the company’s securities. According to a regulatory filing on Monday, BNP Paribas (OTC:BNPQY) owns a 2.7% interest and holds a -2.79% short position in the hotel group, which operates under the ticker Euronext (EPA:ENX) Dublin:DAL.

The French bank’s total interest includes 5,428,365 ordinary shares, representing a 2.6% stake, and cash-settled derivatives amounting to 293,209 shares, or 0.14%. On the short side, BNP Paribas has a position of -630,456 shares directly and -5,262,794 shares through cash-settled derivatives. These figures were reported as of Thursday, May 16, 2025, indicating the latest practicable date prior to the disclosure.

The disclosure was made in accordance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires parties with interests in securities representing 1% or more to report their positions. BNP Paribas has confirmed that there are no agreements, arrangements, or understandings in place related to the voting rights of any relevant securities or any derivative referenced on the form.

The bank’s trading activity included increasing both long and short positions through contracts for difference (CFDs) with reference securities priced at EUR 5.3800. BNP Paribas also reduced its short position through similar derivative transactions.

This disclosure comes amid a period of significant activity for Dalata Hotel Group, which is one of the largest hotel operators in Ireland. The company has not commented on BNP Paribas’ position.

Investors and market watchers often monitor disclosures of significant stakes by financial institutions, as these can signal confidence or concerns about a company’s prospects. BNP Paribas’ mixed position of both long and short interests suggests a complex strategy regarding Dalata Hotel Group’s future market movements.

The information for this report is based on a press release statement.

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