Societe Generale discloses 2.47% stake in Dalata Hotel Group

Published 18/06/2025, 13:22
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 Wednesday.

The French financial institution reported holding 5,217,090 shares in the Irish hotel operator, including 5,122,174 owned or controlled shares and 76,303 shares through cash-settled derivatives. The position also includes 18,613 shares on borrow products.

Additionally, Societe Generale disclosed short positions totaling 78,889 shares, representing approximately 0.04% of Dalata’s share capital.

The disclosure was made under Rule 8.3 of the Irish Takeover Panel Act, which requires public disclosure of positions representing 1% or more of a company’s securities during an offer period.

The filing shows recent transactions including the purchase of 289 shares and sale of 8,164 shares, both at €6.25 per share, on June 17.

Dalata Hotel Group is Ireland’s largest hotel operator with a portfolio of properties across Ireland and the United Kingdom (TADAWUL:4280).

The disclosure was submitted via a Form 8.3 filing to the Irish Takeover Panel, based on positions held as of June 17, 2025.

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