Goldman Sachs International has filed a Form 38.5(a) disclosure with the Irish Takeover Panel, revealing dealings in EUR 0.01 ordinary shares of Permanent TSB Group Holdings plc conducted on 3 November 2026. The disclosure, published on 4 November 2026 via RNS, was made under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013. Goldman Sachs International is acting as adviser to the offeree, Permanent TSB Group Holdings plc, and holds Connected Exempt Principal Trader status with Recognised Intermediary Status. Investors following Irish banking sector activity may note the range and volume of CFD transactions disclosed alongside direct share purchases and disposals.

Key Points

  • Goldman Sachs International filed a Rule 38.5(a) disclosure relating to Permanent TSB Group Holdings plc (PTSB)
  • Goldman Sachs International acquired 15,022 ordinary shares and disposed of 853 ordinary shares on 3 November 2026
  • Share purchases were priced between EUR 2.9500 and EUR 2.9700; disposals were executed at EUR 2.9500
  • Investors should watch for further regulatory disclosures as the Irish Takeover Panel process continues

Goldman Sachs International's Role as Adviser to Permanent TSB Group Holdings

Goldman Sachs International has confirmed its connection to Permanent TSB Group Holdings plc in the capacity of adviser to the offeree. This status requires the firm to file dealings disclosures under the Irish Takeover Panel's rules whenever it trades in relevant securities as a Connected Exempt Principal Trader. Permanent TSB Group Holdings plc is an Irish retail bank operating in the Republic of Ireland, and its ordinary shares, denominated at EUR 0.01 each, are the class of relevant security to which these disclosed dealings relate. The disclosure was submitted by contacts Papa Lette and Andrzej Szyszka, reachable via Paris and Warsaw offices respectively.

Share Purchases and Disposals in PTSB Ordinary Shares on 3 November 2026

According to the disclosure, Goldman Sachs International acquired a total of 15,022 EUR 0.01 ordinary shares in Permanent TSB Group Holdings plc on 3 November 2026, with the highest price paid recorded at EUR 2.9700 and the lowest at EUR 2.9500. On the disposal side, 853 shares were sold, with both the highest and lowest prices received at EUR 2.9500. These transactions were carried out in a client-serving capacity, consistent with Goldman Sachs International's recognised intermediary status under Irish takeover rules.

CFD Transactions Across Long and Short Positions in PTSB Securities

The announcement also details multiple contract for difference (CFD) transactions executed on the same date. These include reductions of long positions totalling 4,418 securities across three transactions, closures of a long position covering 338 securities, increases to short positions across three transactions covering 34,493 securities in aggregate, and reductions of short positions totalling 7,006 securities across two transactions. Prices per unit across all CFD dealings ranged from EUR 2.9500 to EUR 2.9618. The disclosure states there are no agreements, arrangements or understandings relating to voting rights or derivatives referenced in the form.

Irish Takeover Panel Regulatory Context for PTSB Disclosure

The filing is made pursuant to Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, which governs disclosures by connected exempt principal traders dealing in a client-serving capacity during an offer period. The requirement to disclose such dealings publicly is designed to maintain transparency in Irish takeover situations. Goldman Sachs International's submission confirms no option transactions were executed and no related arrangements exist. Investors monitoring Permanent TSB Group Holdings should note that further regulatory disclosures may follow as advisers are required to report dealings throughout the duration of any relevant offer period.