Societe Generale discloses stake in Dalata Hotel Group

PARIS - Societe Generale (OTC:SCGLY) SA has disclosed a holding in Dalata Hotel Group plc, revealing both interests and short positions in the company’s securities, according to a filing with the Irish Takeover Panel. The disclosure, dated May 8, 2025, is part of the standard regulatory requirements under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates parties holding interests in relevant securities representing 1% or more to report their positions.

The French banking giant reported owning 6,014,065 ordinary shares of Dalata Hotel Group, representing a 2.84% stake in the company. Additionally, Societe Generale holds cash-settled derivatives amounting to 101,098 shares, or 0.05%, and short positions totaling 2,508,007 shares, or 1.19%.

The filing also detailed recent transactions by Societe Generale in Dalata’s securities. On May 8, 2025, the bank purchased 179,438 ordinary shares and 1,915 ordinary shares at a price of €5.22 per unit. On the same day, Societe Generale sold 5,347 and 536 ordinary shares, also at €5.22 per unit. In terms of derivative transactions, Societe Generale increased a short position by 179,438 shares and reduced long and short positions in varying amounts, all at the same price per share.

There were no stock-settled derivatives or other dealings reported in the disclosure. Furthermore, Societe Generale confirmed that no indemnity or option arrangements, or agreements relating to voting rights of any relevant securities under any options, were in place. The bank also stated that no supplemental Form 8 was attached to the disclosure.

The information provided in this article is based on a press release statement and is intended to offer a factual report on Societe Generale’s dealings with Dalata Hotel Group plc. It offers no analysis or opinion on the significance of the transactions or their potential impact on either Societe Generale or Dalata Hotel Group.

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