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PARIS - Societe Generale (OTC:SCGLY) SA has disclosed its ownership and short positions in Dalata Hotel Group PLC, detailing a combined interest that crosses the disclosure threshold set by the Irish Takeover Panel.
The French multinational bank reported on Thursday that as of May 28, 2025, it held a total interest of 5,888,986 shares, representing approximately 2.78% of the hotel group’s issued share capital. This figure includes both direct ownership of ordinary shares and exposure through cash-settled derivatives.
In terms of short positions, Societe Generale SA disclosed a total of 2,281,830 shares, or about 1.08% of Dalata Hotel Group’s issued share capital, held through cash-settled derivatives. This disclosure is required under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates that any person with interests in relevant securities representing 1% or more must make their positions known.
The bank’s dealings included a purchase of 1,255 ordinary shares at a price of €5.72598 per share, as well as the reduction of a long position in cash-settled derivatives by the same number of shares and at the same price.
Societe Generale’s disclosure does not indicate any indemnity or dealing arrangements that would be an inducement to deal or refrain from dealing. Additionally, there are no attachments or supplemental forms provided with the disclosure.
This information is based on a press release statement and is intended to keep investors informed of significant shareholdings and short positions in companies subject to takeover rules. It is important for maintaining transparency in the market and for investors to be aware of significant changes in company ownership.
Investors and market watchers pay close attention to such disclosures as they can sometimes precede or follow corporate actions, such as takeovers, mergers, or acquisitions. However, the disclosure by Societe Generale does not necessarily imply any forthcoming transaction involving Dalata Hotel Group.
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