Societe Generale discloses 2.47% stake in Dalata Hotel Group

Published 16/06/2025, 08:40
Societe Generale discloses 2.47% stake in Dalata Hotel Group

DUBLIN - Societe Generale (OTC:SCGLY) SA has disclosed a 2.47% stake in Dalata Hotel Group plc, according to a regulatory filing made Monday.

The French bank reported holding interests in 5,216,703 ordinary shares of the Irish hotel operator, representing approximately 2.47% of the company. This includes 5,122,174 shares owned or controlled, 75,916 shares through cash-settled derivatives, and 18,613 shares on borrow products.

The disclosure also revealed short positions of 78,502 shares, equivalent to 0.04% of Dalata’s share capital. These short positions consist of 45,045 relevant securities and 33,457 cash-settled derivatives.

The filing, made under Rule 8.3 of the Irish Takeover Panel Act, shows the position as of June 13, 2025. Such disclosures are required when a party holds interests in relevant securities representing 1% or more during an offer period.

Recent transactions detailed in the filing include the purchase of 178 shares at €6.23 per share and sales totaling 20,376 shares at prices between €6.23 and €6.26.

Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280). The company trades on the Euronext (EPA:ENX) Dublin and London Stock Exchange (LON:LSEG).

The information was disclosed through a Form 8.3 filing with the Irish Takeover Panel, based on a press release statement issued by Societe Generale.

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