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LONDON - BNP Paribas SA (ETR:BNPP) disclosed on Monday a significant stake in Dalata Hotel Group Plc, the largest hotel operator in Ireland. According to a regulatory filing, the French bank holds an aggregate interest of 2.6% and a short position of 2.63% in the company’s shares.
The disclosure follows recent trading activity involving Dalata’s ordinary shares, which are listed under the ticker IE00BJMZDW83. BNP Paribas (OTC:BNPQY) reported purchasing 131,709 shares at prices ranging from €5.6700 to €5.7500 and selling 117,444 shares at the same price levels.
In addition to direct shareholdings, BNP Paribas also engaged in cash-settled derivative transactions. These included increasing long positions through contracts for difference (CFDs) and increasing short positions, with reference securities prices also between €5.6700 and €5.7500.
The bank’s dealings occurred on 30/05/2025, and no supplemental form 8 was attached to the disclosure. The regulatory filing was made to the RNS, the news service of the London Stock Exchange (LON:LSEG), and is in compliance with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.
This position disclosure is a routine regulatory requirement for entities holding interests in relevant securities representing 1% or more, and it does not necessarily indicate any intent regarding a takeover or significant corporate action.
The announcement was made without the inclusion of any indemnity or option arrangements, agreements, or understandings relating to the voting rights of any relevant securities under any option, or concerning the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced.
Dalata Hotel Group operates hotels across Ireland and the United Kingdom (TADAWUL:4280), and this financial activity by BNP Paribas may be of interest to investors tracking the hospitality sector. The bank’s compliance control room, reachable at 0207 595 9695, was listed as the contact for this disclosure. This article is based on a press release statement.
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