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 (-PTSB) conducted on 12 November 2026. The disclosure was made under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, in Goldman Sachs International's capacity as a connected exempt principal trader with recognised intermediary status acting in a client-serving capacity. The filing confirms Goldman Sachs International's connection to Permanent TSB Group Holdings plc as adviser to the offeree, making these disclosures a regulatory requirement during an active Irish takeover process.

Key Points

  • Goldman Sachs International filing relates to Permanent TSB Group Holdings plc CDI (-PTSB)
  • Goldman Sachs International acquired 30,177 ordinary shares and disposed of 1,431 shares on 12 November 2026
  • Share prices ranged between EUR 2.9500 and EUR 2.9700 across purchases, sales, and CFD transactions
  • Investors should watch for further Rule 38.5(a) disclosures as the Irish takeover process progresses

Goldman Sachs International Acquires 30,177 Permanent TSB Ordinary Shares at Prices Between EUR 2.9500 and EUR 2.9700

The Form 38.5(a) disclosure states that Goldman Sachs International acquired a total of 30,177 EUR 0.01 ordinary shares in Permanent TSB Group Holdings plc on 12 November 2026, with the highest price paid recorded at EUR 2.9700 and the lowest at EUR 2.9500. On the disposal side, 1,431 shares were sold, again within the same EUR 2.9500 to EUR 2.9700 price range. Permanent TSB Group Holdings plc is an Irish retail banking group, and these dealings occur in the context of an ongoing Irish Takeover Panel process in which Goldman Sachs International is acting as adviser to the offeree.

CFD Activity Spans Both Long and Short Positions Across Multiple Transactions in PTSB Shares

Beyond direct share dealings, Goldman Sachs International reported multiple contracts for difference transactions referencing Permanent TSB Group Holdings plc ordinary shares on the same date. These CFD dealings included reducing long positions totalling 7,015 securities, reducing short positions totalling 2,491 securities, and increasing short positions across two transactions covering 5,100 securities. An additional CFD transaction involved opening a short position in 2,436 securities. Prices per unit across all CFD transactions ranged from EUR 2.9500 to EUR 2.9673. The announcement states that no agreements, arrangements or understandings relating to options or derivatives exist in connection with these dealings.

Irish Takeover Panel Rules Require Disclosure as Goldman Sachs Acts as Offeree Adviser to Permanent TSB

Goldman Sachs International's obligation to file arises from its status as adviser to the offeree, Permanent TSB Group Holdings plc, under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013. As a connected exempt principal trader with recognised intermediary status, Goldman Sachs International is required to disclose all dealings conducted in a client-serving capacity during the offer period. The disclosure was dated 13 November 2026 and lists contact persons Papa Lette and Andrzej Szyszka, reachable via Paris and Warsaw offices respectively, underscoring the cross-border regulatory compliance dimension of this filing.