Alpine Associates Management Inc. has filed a Form 8.3 opening position disclosure under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, revealing a holding of 8,827,956 cash-settled derivatives in Irish Residential Properties REIT Plc, representing 1.6833% of relevant securities. The position was held as of 9 November 2026, with the disclosure published on 10 November 2026. The filing is required because Alpine Associates holds interests in relevant securities exceeding the 1% threshold that triggers mandatory public disclosure during a takeover offer period, indicating that Irish Residential Properties REIT Plc is subject to an active offer process overseen by the Irish Takeover Panel.

Key Points

  • Alpine Associates Management Inc. (0QT8) filed a Form 8.3 disclosure in relation to Irish Residential Properties REIT Plc
  • The firm holds 8,827,956 cash-settled derivatives, equating to a 1.6833% interest in the REIT's relevant securities
  • Three separate CFD transactions increasing a long position were executed at 1.3650 EUR per unit on 9 November 2026
  • Investors should watch for further Rule 8.3 filings as the offer process for Irish Residential Properties REIT Plc progresses

Alpine Associates Builds Long CFD Position in Irish Residential Properties REIT at 1.3650 EUR

The disclosure details three separate cash-settled CFD transactions, all executed at a price of 1.3650 EUR per unit, through which Alpine Associates increased its long position in Irish Residential Properties REIT Plc. The three tranches covered 2,525,000, 2,000,000, and 300,000 reference securities respectively. Combined, these dealings brought Alpine Associates' total disclosed interest via cash-settled derivatives to 8,827,956 securities. The announcement states no stock-settled derivatives, options, or direct share purchases were reported in this filing. No indemnity arrangements or agreements relating to voting rights were disclosed.

Irish Residential Properties REIT Plc Subject to Irish Takeover Panel Oversight

Irish Residential Properties REIT Plc is an Irish-listed real estate investment trust focused on the Irish residential property market, providing institutional-scale rental accommodation. The requirement to file Form 8.3 arises because the company is subject to a formal offer process regulated by the Irish Takeover Panel under the 1997 Act and the 2022 Takeover Rules. Any party holding 1% or more of relevant securities during such a process must disclose interests and dealings publicly. Alpine Associates' filing confirms it has crossed that threshold, making its activity in the REIT's securities a matter of public regulatory record throughout the offer period.

Disclosure Filed by Contact Christian Marzullo on Behalf of Alpine Associates

The Form 8.3 was filed by Christian Marzullo, the named contact at Alpine Associates Management Inc., with the disclosure dated 10 November 2026 and the position held as of 9 November 2026. The announcement states that no Supplemental Form 8 was attached, and that the offer in question is a cash offer or possible cash offer, as indicated by the "N/A" response to whether disclosures were also being made in respect of another party. No further financial metrics, offer terms, or valuation details were included in the filing. Investors monitoring the Irish Residential Properties REIT offer process may note Alpine Associates as a material stakeholder in the relevant securities.