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LONDON - Societe Generale (OTC:SCGLY) SA has disclosed a significant stake in Dalata Hotel Group plc, according to a recent regulatory filing. The French multinational bank reported ownership and control of 8,393,510 ordinary shares, representing 3.97% of the company, alongside short positions amounting to 0.03% of Dalata’s issued share capital.
The disclosure, dated March 18, 2025, also revealed Societe Generale’s cash-settled derivatives positions in Dalata Hotel Group, which account for a further 3.15% of the company’s shares. In total, the bank’s combined interests and short positions in the hotel operator stand at 4.00% and 3.18% respectively.
Societe Generale’s dealings included the purchase of a modest number of shares at a price of €5.57 per unit. These transactions indicate an active interest in the hotel group, although the bank has stated that it is not making disclosures in respect of any other party to the offer.
The information was made public in accordance with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates the disclosure of interests and short positions representing 1% or more in relevant securities during takeover bids.
Dalata Hotel Group, which operates hotels primarily in Ireland and the United Kingdom (TADAWUL:4280), has not been named in connection with any current takeover offers. The company is listed on the Irish Stock Exchange, and this disclosure may be of interest to investors monitoring the company’s shareholder structure.
The report by Societe Generale’s disclosure team was released to the Regulatory Information Service and is based on a press release statement. The bank has not attached any supplemental forms to the disclosure and has not indicated any indemnity or dealing arrangements in relation to the disclosed positions.
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