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DUBLIN - French banking giant Societe Generale (OTC:SCGLY) SA has disclosed a significant stake in Dalata Hotel Group PLC, according to a regulatory filing with the Irish Takeover Panel. The disclosure, made public on June 2, 2025, revealed that Societe Generale now owns and controls 5,802,927 ordinary shares, representing approximately 2.74% of Dalata’s issued share capital, alongside short positions amounting to 0.05%.
Additionally, the bank holds cash-settled derivatives equivalent to a 0.05% long position and a 1.04% short position in the hotel group. This strategic move by Societe Generale brings its total interest in Dalata Hotel Group to roughly 2.80% and total short positions to about 1.09%.
The disclosure follows a transaction on May 30, 2025, where Societe Generale purchased 568 ordinary shares at a price of €5.75 each. They also reduced a long position through a cash-settled derivative contract (CFD) for the same number of shares and at the same price.
Societe Generale’s investment in Dalata Hotel Group comes at a time when the hospitality industry is navigating a post-pandemic recovery, with investors closely monitoring the sector for growth opportunities.
Dalata Hotel Group, headquartered in Dublin, operates hotel venues across Ireland and the United Kingdom (TADAWUL:4280). The group has been expanding its portfolio, focusing on strategic locations and customer experience enhancements to drive revenue.
The disclosure is in line with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates transparency regarding the acquisition of interests in publicly traded companies. The rules stipulate that any party holding more than 1% of a company’s securities must make their investment public.
This announcement by Societe Generale is based on a press release statement and provides investors with insight into the bank’s latest investment interests. As the market processes this information, observers will watch for any impact on Dalata Hotel Group’s share price and the broader hotel sector.
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