PARIS - Societe Generale (OTC:SCGLY) SA has reported a combined holding of a 1.05% interest in Dalata Hotel Group PLC, consisting of 2,213,270 ordinary shares and corresponding short positions amounting to 0.15%, according to a filing with the Irish Takeover Panel dated April 22, 2025.
The French bank’s disclosure comes in compliance with the Irish Takeover Panel’s Rule 8.3, which mandates that any entity with interests in relevant securities representing 1% or more must disclose their position. The latest practicable date prior to the disclosure was April 17, 2025.
Specifically, Societe Generale holds 2,127,211 ordinary shares in Dalata Hotel Group, representing a 1.01% stake. Additionally, the bank has cash-settled derivatives comprising 86,059 shares and 326,007 short positions.
The disclosure also detailed recent trading activities, including the purchase of 179,438 ordinary shares and the sale of 1,558 shares, both at a price of €5.13 per unit. In terms of derivative transactions, Societe Generale increased a short position with 179,438 contracts for difference (CFDs) and reduced a short position by 1,558 CFDs, also at €5.13 per unit.
No stock-settled derivatives or other dealings were reported, and the disclosure did not mention any indemnity or dealing arrangements that could be an inducement to deal or refrain from dealing in the securities of Dalata Hotel Group.
This financial disclosure is part of the regulatory requirements and provides transparency in the dealings of major shareholders and financial institutions. The information is based on a press release statement and reflects the bank’s holdings and transactions as of the date of disclosure.
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