LONDON - Barclays PLC (LON:BARC) has announced its interests and short positions in Dalata Hotel Group PLC, a prominent hotel operator, in accordance with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The disclosure comes as the financial institution holds interests that represent more than 1% of the hotel group’s relevant securities.
As of April 14, 2025, Barclays reported a combined interest in Dalata Hotel Group of 1.12%, comprising 1,549,571 shares, alongside short positions amounting to 0.41% or 877,068 shares. Additionally, the bank disclosed cash-settled derivatives representing a 0.39% interest and 0.74% in short positions.
The recent trading activity of Barclays involved both purchases and sales of Dalata’s ordinary 0.01 securities. The transactions included purchases ranging from 50 to 6,660 securities at prices between €5.0100 and €5.0400. Conversely, sales transactions were reported for quantities varying from 23 to 10,721 securities, with prices spanning €4.9619 to €5.0595.
In the context of cash-settled derivatives, Barclays engaged in swaps that both increased and decreased their short positions. These swaps involved various numbers of securities and were executed at prices close to the prevailing market rates.
Barclays has confirmed that it is not disclosing positions on behalf of any other party to the offer and that there are no indemnity or dealing arrangements related to the disclosed interests. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives connected to the voting rights of any relevant securities.
The information provided is based on a press release statement and offers a transparent overview of Barclays’ current position in relation to Dalata Hotel Group, a company that has become a subject of interest under the takeover rules. For investors, such disclosures are essential for monitoring market movements and understanding the dynamics of potential acquisitions or takeovers.
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