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 13 November 2026. The disclosure reveals that BofA Securities Europe SA holds 165,418 ordinary shares, representing 0.032% of the company's relevant securities, with no short positions recorded. The filing was made in connection with Baring International Investment Limited, identified as the party to the offer with which the exempt principal trader is connected, and was submitted in compliance with Rules 38.5(b) and 38.6 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

Key Points

  • Bank of America Merrill Lynch / BofA Securities Europe SA (0QT8 — Irish Residential Properties REIT PLC related disclosure)
  • BofA Securities Europe SA filed an opening position disclosure holding 165,418 ordinary shares, equal to 0.032% of Irish Residential Properties REIT PLC, with no short positions or derivative exposure recorded
  • Dealings on 12 November 2026 comprised purchases and sales of 105,342 €0.10 ordinary shares each, with purchase prices ranging from €1.362000 to €1.362051 and sale prices from €1.362000 to €1.364000
  • Investors may be watching for further disclosures connected to Baring International Investment Limited's role in the offer process and any changes to BofA Securities Europe SA's position

BofA Securities Europe SA Opens Position in Irish Residential Properties REIT at 0.032%

The disclosure confirms that as of 12 November 2026, BofA Securities Europe SA held 165,418 ordinary shares in Irish Residential Properties REIT PLC, equating to 0.032% of the company's relevant securities. The filing records no short positions, no cash-settled derivatives, and no stock-settled derivatives or agreements to purchase or sell. Irish Residential Properties REIT PLC is a Dublin-based real estate investment trust focused on the Irish residential property sector, and its ordinary shares carry a nominal value of €0.10 each. The form was submitted on 13 November 2026 by contact Kamil Dziedzic, reachable at the disclosed telephone number.

Dealings in €0.10 Ordinary Shares on 12 November 2026 by BofA Securities Europe SA

On 12 November 2026, BofA Securities Europe SA conducted matched dealings in Irish Residential Properties REIT PLC's €0.10 ordinary shares. The announcement states that 105,342 shares were purchased at prices ranging from €1.362000 to €1.362051 per unit, and an equal number — 105,342 shares — were sold at prices ranging from €1.362000 to €1.364000 per unit. No cash-settled or stock-settled derivative transactions were recorded in connection with these dealings. The exempt principal trader confirmed no indemnity arrangements, options, or inducement-to-deal agreements exist with any party to the offer or any person acting in concert.

Connection to Baring International Investment Limited and Irish Takeover Panel Obligations

The Form 38.5(b) filing identifies Baring International Investment Limited as the party to the offer with which BofA Securities Europe SA is connected. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, connected exempt principal traders without recognised intermediary status — or those with such status but not acting in a client-serving capacity — are required to make opening position disclosures of this nature. The announcement states this is a cash offer or possible cash offer scenario, noting "N/A" in response to whether disclosures relate to any other party. No supplemental Form 8 was attached to this filing.