Bank of America Merrill Lynch's trading arm, BofA Securities Europe SA, has filed a Form 38.5(b) opening position disclosure with the Irish Takeover Panel relating to Irish Residential Properties REIT PLC (0QT8), dated 5 November 2026. The filing, made under Rule 38.5(b) and Rule 38.6 of the Irish Takeover Panel Act 1997 Takeover Rules 2022, confirms the firm holds 31,004 ordinary shares, representing 0.006% of the REIT's relevant securities. The disclosure identifies BofA Securities Europe SA as a connected exempt principal trader linked to Baring International Investment Limited, the named offeror party to the offer.

Key Points

  • Bank of America Merrill Lynch / BofA Securities Europe SA (0QT8 — Irish Residential Properties REIT PLC related disclosure)
  • BofA Securities Europe SA filed a Form 38.5(b) opening position disclosure under Irish Takeover Panel rules, connected to Baring International Investment Limited
  • Total interest disclosed: 31,004 ordinary shares (0.006%); no short positions, no cash-settled or stock-settled derivatives reported
  • Investors may be watching for further disclosures relating to the takeover offer involving Irish Residential Properties REIT PLC and Baring International Investment Limited

BofA Securities Europe SA Holds 31,004 Irish Residential Properties REIT Shares at 4 November 2026

The disclosure confirms that as of 4 November 2026, BofA Securities Europe SA held 31,004 ordinary shares in Irish Residential Properties REIT PLC, equating to 0.006% of relevant securities. The announcement states no short positions were held, and cash-settled derivative and stock-settled derivative positions were each reported at zero. The firm is acting as a connected exempt principal trader without recognised intermediary status, or with such status but not in a client-serving capacity, as defined under the applicable Irish Takeover Panel rules. No supplemental Form 8 was attached to this filing.

Purchases and Sales of €0.10 Ordinary Shares Recorded on 4 November 2026

The dealing section of the form records that BofA Securities Europe SA purchased and sold 54,173 €0.10 ordinary shares in Irish Residential Properties REIT PLC on 4 November 2026. Purchases were executed at prices ranging from €1.296 to €1.314 per unit, whilst sales were executed between €1.296 and €1.312 per unit. The announcement notes no cash-settled derivative transactions, no stock-settled derivative transactions, and no other dealings were recorded in the same period. These matched purchase and sale volumes indicate proprietary trading activity consistent with the firm's exempt principal trader status.

Connection to Baring International Investment Limited and the Irish Takeover Panel Process

The form identifies Baring International Investment Limited as the party to the offer with which BofA Securities Europe SA is connected. Irish Residential Properties REIT PLC is a Dublin-based real estate investment trust focused on the Irish residential property market. The filing was made as a public disclosure to a Regulatory Information Service as required under Rule 38 of the Irish Takeover Panel Rules 2022. The announcement states there are no indemnity or option arrangements, and no agreements or understandings relating to voting rights or derivatives. Contact for the disclosure is listed as Kamil Dziedzic.