Barclays discloses stake in Dalata Hotel Group

Published 03/14/2025, 10:14 AM
Barclays discloses stake in Dalata Hotel Group

LONDON - Barclays PLC (LON:BARC) has reported its holdings in Dalata Hotel Group PLC, revealing both interests and short positions in the hotel company’s securities as of March 13, 2025. According to a regulatory disclosure filed on Tuesday, Barclays holds a 0.86% interest and a 0.43% short position in Dalata’s 0.01 ordinary shares, with additional cash-settled derivatives representing a 0.41% interest and a 0.85% short position.

The filing, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates Barclays’ total interests and short positions in Dalata Hotel Group amount to 1.27% and 1.28%, respectively. The disclosure comes amid no reported dealings in relation to any other party to the offer, as specified in the disclosure.

Barclays’ transactions on March 13 included various purchases and sales of Dalata’s 0.01 ordinary shares, with individual transactions ranging from 11 to 25,000 shares at prices between €5.5583 and €5.6068. Additionally, the bank engaged in several cash-settled derivative transactions, such as swaps, with activities including opening and increasing long positions as well as decreasing long positions across different numbers of reference securities.

The disclosure does not report any stock-settled derivative transactions, including options, or any other dealings, such as subscribing for new securities. Furthermore, Barclays has declared no indemnity or option arrangements, or any agreements or understandings related to the voting rights of relevant securities under any option or derivative.

This information, based on a press release statement, details Barclays’ current position regarding its involvement with the Dalata Hotel Group and provides transparency in financial dealings as required by regulatory standards.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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