Societe Generale discloses 2.39% stake in Dalata Hotel Group

Published 23/06/2025, 12:30
Societe Generale discloses 2.39% stake in Dalata Hotel Group

DUBLIN - Societe Generale (OTC:SCGLY) SA has disclosed a 2.39% interest in Dalata Hotel Group plc, according to a regulatory filing made Monday.

The French financial institution reported holding 5,048,516 shares representing a 2.39% stake in the Irish hotel operator, alongside a short position of 80,114 shares equivalent to 0.04% of the company.

The disclosure, made under Irish Takeover Panel rules, shows Societe Generale’s position as of June 20, 2025. The filing indicates the bank’s holdings include 4,970,988 owned or controlled shares and 77,528 shares through cash-settled derivatives.

The regulatory filing also detailed recent transactions involving Dalata shares, with Societe Generale purchasing a total of 9,104 shares and selling 13,199 shares at €6.40 per share.

Dalata Hotel Group is Ireland’s largest hotel operator with properties across Ireland and the United Kingdom (TADAWUL:4280). The disclosure was made in compliance with Rule 8.3 of the Irish Takeover Panel Act, which requires public disclosure of positions representing 1% or more of a company’s shares.

The filing indicates Societe Generale is not making disclosures regarding any other party to a potential offer, suggesting this is a standalone investment position rather than related to a specific takeover situation.

This information was provided in a regulatory news service filing to the Irish Takeover Panel.

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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