LONDON - BNP Paribas SA (ETR:BNPP) disclosed on Thursday a change in its holdings in Dalata Hotel Group Plc, a prominent hotel operator. According to a filing with the Irish Takeover Panel, the financial institution now holds a total interest of 2.6% in the company, which includes both long and short positions.
The disclosure, made under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates that BNP Paribas SA has a mix of interests and short positions in Dalata Hotel Group Plc. As of April 23, 2025, the company owned 5,165,992 shares and had cash-settled derivatives resulting in short positions of 5,480,859 shares, effectively balancing the long and short exposures.
The filing also detailed recent transactions in Dalata’s securities, which included both purchases and sales of shares, as well as adjustments to cash-settled derivative positions. For instance, BNP Paribas (OTC:BNPQY) purchased 66,343 shares at a price of EUR 5.1300 each and sold 7,436 shares at the same price. The bank also engaged in various cash-settled derivative transactions, including reducing and increasing short positions.
These dealings come amidst no disclosed agreements, arrangements, or understandings related to the voting rights or future acquisition or disposal of any relevant securities. The disclosure is a mandatory regulatory requirement and provides transparency in the market regarding significant holdings in publicly traded companies.
Dalata Hotel Group Plc, with its stock ticker IE00BJMZDW83, is listed on the Euronext (EPA:ENX) Dublin and the London Stock Exchange (LON:LSEG). The hotel group operates hotels primarily in Ireland and the United Kingdom and is known for its portfolio of hotel brands.
This report is based on a press release statement and is intended to inform investors and other market participants of relevant changes in share ownership and market dealings. It does not suggest any broader industry impacts or trends.
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