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PARIS - Societe Generale (OTC:SCGLY) SA disclosed on Thursday a significant stake in Dalata Hotel Group plc, revealing both interests and short positions in the company’s securities. According to a regulatory filing with the Irish Takeover Panel, the French banking giant holds a total interest of 5,945,554 ordinary shares, representing approximately 2.81% of Dalata Hotel Group’s issued share capital.
The disclosure, dated April 30, 2025, also detailed Societe Generale’s short positions, which amount to 2,335,870 shares, or 1.10% of the company. This announcement comes amid no indication of a cash offer or other bid-related activities for the hotel group.
In addition to its holdings, Societe Generale reported transactions in Dalata Hotel Group’s €0.01 ordinary shares. The bank purchased 4,844 shares and sold 1,275 shares, all at a price of €5.06 per unit. The bank also engaged in cash-settled derivative transactions, specifically Contracts for Difference (CFDs), where it reduced a long position by 2,508 shares and a short position by 1,275 shares, again at the unit price of €5.06.
The dealings by Societe Generale in the shares of Dalata Hotel Group are subject to the rules of the Irish Takeover Panel, which oversees mergers and acquisitions within the scope of the Irish market. The bank’s trading activity and holdings in Dalata Hotel Group are transparently disclosed in compliance with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.
Societe Generale’s involvement with Dalata Hotel Group is part of the standard market operations of financial institutions, which regularly disclose their positions in publicly traded companies. The disclosure does not suggest any immediate strategic changes for the hotel group but provides investors with information about significant shareholdings and market activities that could influence the company’s share price.
This disclosure is based on a press release statement made by Societe Generale and is intended to provide investors with current information regarding the bank’s stake in Dalata Hotel Group.
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