Barclays reports stake in Dalata Hotel Group amid takeover rules

Published 03/21/2025, 10:01 AM
Barclays reports stake in Dalata Hotel Group amid takeover rules

LONDON - Barclays PLC (LON:BARC) has disclosed its position in Dalata Hotel Group PLC, revealing a mix of interests and short positions that together total over 1% of the hotel company’s shares. This disclosure, made in compliance with the Irish Takeover Panel Act of 1997 and the Takeover Rules of 2022, was reported on March 21, 2025.

According to the details released, Barclays holds an interest in 1,503,903 ordinary shares, representing a 0.71% stake in Dalata Hotel Group. At the same time, the financial institution has declared short positions amounting to 915,491 shares, or 0.43%. In addition to direct holdings, Barclays has also engaged in cash-settled derivative transactions, holding derivatives equivalent to 885,293 shares (0.42%) and short positions in derivatives totaling 1,511,123 shares (0.71%).

On March 20, 2025, Barclays undertook various dealings in Dalata’s securities, including both purchases and sales of ordinary shares, as well as engaging in several SWAP transactions that affected their short positions. These dealings occurred at prices ranging from 5.5400 to 5.5565 EUR per share.

The disclosure does not indicate any indemnity or option arrangement, nor any agreements related to voting rights or derivatives that could influence Barclays’ dealings. Furthermore, no supplemental form 8 was attached to the disclosure.

This information is based on a press release statement and is crucial for investors and market observers monitoring the activity surrounding Dalata Hotel Group, especially in the context of takeover rules that require transparency of significant shareholdings and dealings.

As per the rules, any person who holds interests in relevant securities representing 1% or more must make such disclosures. This ensures that all market participants have access to important information that could impact their investment decisions.

Barclays’ disclosure is a routine part of market operations and does not necessarily indicate any specific intent or strategy regarding Dalata Hotel Group. It is a reflection of the dynamic nature of securities trading and the obligations of financial institutions to report significant positions and transactions.

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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