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DUBLIN - Societe Generale (OTC:SCGLY) SA disclosed on April 25, 2025, that it holds a combined total interest of 2.00% in Dalata Hotel Group plc, an Irish hotel operator. According to the disclosure, the French multinational bank owns 4,122,398 ordinary shares, representing a 1.95% stake, and has cash-settled derivatives for 101,290 shares, accounting for 0.05%. Additionally, the bank has short positions amounting to 1.10%, with 2,336,425 shares involved.
The disclosure, mandated by the rules of the Irish Takeover Panel, follows transactions that occurred on April 24, 2025. Societe Generale’s dealing included the purchase of 603 ordinary shares at a price of €5.23 per share, and the sale of 1,594 shares at the same price. A further sale of 2,688 shares was also conducted at €5.23 each.
The bank also reduced its long positions through cash-settled derivative contracts, specifically Contracts for Difference (CFDs), involving the same number of shares and price as the direct purchases and sales.
There were no stock-settled derivatives or other dealings reported by Societe Generale in relation to Dalata Hotel Group plc. The bank’s disclosure did not indicate any indemnity or dealing arrangements that could be an inducement to deal or refrain from dealing in the securities of Dalata Hotel Group plc.
This information is based on a press release statement and is essential for investors tracking ownership and changes in shareholding patterns within publicly traded companies. Societe Generale’s disclosure provides transparency on its investment moves and the extent of its interest in the Dalata Hotel Group, which is a significant aspect of market dynamics for stakeholders and potential investors.
The disclosure does not necessarily suggest any immediate strategic implications for Dalata Hotel Group plc but is part of the regular reporting required for entities holding a certain threshold of shares or derivatives in publicly listed companies.
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