LONDON - Barclays PLC (LON:BARC) has disclosed its interests and short positions in Dalata Hotel Group PLC, in accordance with the Irish Takeover Panel Act of 1997 and the Takeover Rules of 2022. As of Monday, Barclays held a combined interest of 1.19% and short positions amounting to 1.20% in the hotel operator’s securities.
The disclosure follows recent transactions by Barclays involving Dalata’s ordinary shares, with purchases and sales conducted at varied prices ranging from 5.6400 to 5.7400 EUR. On the same day, the bank engaged in several cash-settled derivative transactions, including SWAPs, which resulted in both increasing and decreasing short positions.
Dalata Hotel Group, which operates hotels primarily in Ireland and the United Kingdom (TADAWUL:4280), has been the subject of increased market attention due to these financial activities. Barclays’ dealings come amid strict regulations that govern the actions of stakeholders with significant interests in companies during takeover situations.
The transactions reported by Barclays occurred in a regulated market, with no other party to the offer being disclosed and no rights to subscribe for new securities reported. Furthermore, Barclays confirmed that there are no indemnity or option arrangements, or any agreements or understandings related to the voting rights of Dalata Hotel Group’s relevant securities.
This information, based on a press release statement, is essential for investors who track ownership and control shifts in publicly traded companies, particularly in the context of potential takeovers which can influence market dynamics and share prices.
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