BNP Paribas discloses stake in Dalata Hotel Group

Published 04/29/2025, 07:53 AM
BNP Paribas discloses stake in Dalata Hotel Group

LONDON - BNP Paribas SA (ETR:BNPP) has disclosed its ownership and short positions in Dalata Hotel Group Plc, a leading hotel operator in Ireland. As of Monday, the French banking giant holds a total interest of 5,932,370 shares, representing approximately 2.8% of the company, and short positions totaling 6,198,245 shares, or -2.93%.

The disclosure, which is mandated under the rules of the Irish Takeover Panel, comes as Dalata Hotel Group has been the subject of financial market attention. BNP Paribas (OTC:BNPQY)’s position was detailed in a filing with the London Stock Exchange (LON:LSEG) on Tuesday, April 29, 2025.

According to the filing, BNP Paribas engaged in several transactions involving Dalata’s shares on the previous day. The bank purchased 7,486 shares at a price of EUR 5.2098 each and another 1,183 shares at EUR 5.1811. Meanwhile, they sold 743 shares at EUR 5.200. In terms of derivatives, BNP Paribas increased its long position by 10,563 shares and 1,187 shares, both at a price of EUR 5.200, while reducing its long position by 49,542 shares, 13,137 shares, and 518 shares, all at the same price.

The transactions reflect BNP Paribas’s active management of its investment in Dalata Hotel Group. The bank has not disclosed any agreements or arrangements related to these securities that would be an inducement to deal or refrain from dealing.

Dalata Hotel Group operates hotels primarily in Ireland and the United Kingdom and has been expanding its portfolio in recent years. The company’s performance and growth strategies are often analyzed by investors looking for opportunities in the hospitality sector.

This disclosure is based on a press release statement and provides a snapshot of BNP Paribas’s dealings with Dalata Hotel Group’s securities. It offers key information for investors monitoring the activities of significant shareholders in publicly traded companies.

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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