LONDON - Barclays PLC (LON:BARC) has revealed its position in Dalata Hotel Group PLC, as mandated by the Irish Takeover Panel, following recent transactions that occurred on March 14, 2025. The disclosure falls under Rule 8.3 of the Irish Takeover Panel Act, Takeover Rules, 2022, which requires parties holding interests in relevant securities representing 1% or more to report their holdings during takeover situations.
Barclays PLC’s interests and short positions in Dalata Hotel Group’s securities have undergone changes, with the bank now owning 1,807,809 ordinary shares, representing a 0.85% stake. Additionally, Barclays holds short positions amounting to 915,959 shares, or 0.43% of Dalata Hotel Group’s issued share capital. The bank also has cash-settled derivatives comprising 876,410 shares (0.41%) and short positions in derivatives totaling 1,792,451 shares (0.85%).
The transactions included both purchases and sales of Dalata Hotel Group’s 0.01 ordinary shares, with varying quantities and prices per unit. For instance, Barclays purchased 7,958 shares at 5.6777 EUR and sold 11,934 shares at 5.6730 EUR. The bank also engaged in cash-settled derivative transactions, such as SWAP agreements, which affected their short positions.
Barclays has stated that it is not making disclosures concerning any other party to the offer and has not entered into any indemnity or option arrangements that could be seen as an inducement to deal or refrain from dealing in the relevant securities.
The disclosure by Barclays PLC is a routine compliance measure during takeover situations and does not necessarily indicate an active pursuit of control over Dalata Hotel Group. The information is based on a press release statement and reflects Barclays PLC’s adherence to regulatory requirements for transparency in securities holdings during takeover activities.
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