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DUBLIN - Capula Investment Management LLP has disclosed a 1.52% stake in Dalata Hotel Group PLC, according to a regulatory filing published Monday.
The investment firm revealed it holds interests in 3,217,926 shares of the Irish hotel operator through cash-settled derivatives, alongside a minimal short position of 5,356 shares representing less than 0.01% of the company.
The disclosure, made under Irish Takeover Panel rules, indicates Capula increased its long position by 200,000 shares at a price of €6.37 per share on August 1.
The filing was submitted as an opening position disclosure, which is required when a person holds interests in relevant securities representing 1% or more during a takeover period.
Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio spanning Ireland and the United Kingdom (TADAWUL:4280). The company trades on the Euronext (EPA:ENX) Dublin and London Stock Exchange (LON:LSEG).
The disclosure suggests Dalata may be involved in a potential takeover situation, though no specific offer details were mentioned in the regulatory filing. Companies become subject to these disclosure requirements when they enter an "offer period" under Irish takeover regulations.
The information was provided through a Form 8.3 filing to the Irish Takeover Panel, which requires disclosure of interests in companies involved in potential acquisition activities.
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