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LONDON - BNP Paribas SA (ETR:BNPP) disclosed on Tuesday, May 27, 2025, its holding in Dalata Hotel Group Plc, revealing both interests and short positions in the company’s securities in compliance with the Irish Takeover Panel Act and Rules. According to the disclosure, the French banking group holds a 2.7% interest in Dalata Hotel Group, represented by 5,658,783 shares, and a -2.76% short position, amounting to -5,829,150 shares.
The disclosure comes as the bank adheres to Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires parties with interests in relevant securities representing 1% or more to make their positions known in the context of takeover-related activities. No further details were provided regarding the nature of BNP Paribas’s involvement with Dalata Hotel Group or any potential takeover.
The securities in question are ordinary shares with an ISIN of IE00BJMZDW83, and the latest transaction reported involved the purchase of 481 securities at a price of EUR 5.1300 per unit, as well as a reduction in a long position through a contract for difference (CFD) of the same number of shares at a price of EUR 5.3800 per unit.
BNP Paribas’s disclosure is a routine part of market transparency and regulatory compliance in situations where acquisitions and takeovers are concerned. The bank has not disclosed any indemnity, option arrangements, or any agreements or understandings that would be considered an inducement to deal or refrain from dealing in the securities of Dalata Hotel Group.
The information provided is based on a press release statement and is intended to inform the public and the market of significant financial interests and positions held by stakeholders in companies subject to takeover rules. It does not necessarily indicate any immediate action or intention on the part of BNP Paribas (OTC:BNPQY) regarding Dalata Hotel Group, but rather serves as a statutory requirement for transparency in the context of potential corporate transactions.
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