Societe Generale discloses stake in Dalata Hotel Group

Published 09/06/2025, 09:24
Societe Generale discloses stake in Dalata Hotel Group

DUBLIN - Societe Generale (OTC:SCGLY) SA has reported a 2.50% interest in Dalata Hotel Group plc, a prominent hotel operator in Ireland, based on a press release statement dated June 9, 2025. The French multinational bank disclosed its position following market dealings on Monday, June 6, 2025.

The disclosure, made in accordance with the rules of the Irish Takeover Panel, indicates that Societe Generale holds over 5.1 million ordinary shares in the hotel group. Additionally, the bank has a minor short position amounting to 0.03% across both physical holdings and cash-settled derivatives.

The transaction details revealed purchases of 44,831 ordinary shares at a price of €6.23 each and a corresponding sale of 68 shares at the same price. In derivatives activity, Societe Generale opened a short position with 44,831 contracts and increased a long position by 68 contracts, both through contracts for difference (CFDs) at the price of €6.23.

Dalata Hotel Group, listed on the Irish Stock Exchange, operates hotels across Ireland and the United Kingdom (TADAWUL:4280), with a growing presence in the hospitality sector. The disclosure by Societe Generale may be of interest to investors tracking ownership stakes and market movements within the European hotel industry.

The bank has confirmed that no supplemental form 8 is attached and that there are no indemnity or dealing arrangements that would provide an inducement to deal or refrain from dealing in the securities mentioned. Furthermore, there are no agreements, arrangements, or understandings related to options or derivatives concerning the voting rights of the relevant securities.

The information provided in this article is based solely on the press release statement issued by Societe Generale and complies with the necessary regulatory disclosure requirements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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