Goldman Sachs International has filed a formal disclosure under Rule 38.5(b) of the Irish Takeover Panel Act, 1997, revealing dealings in EUR 0.01 ordinary shares of Permanent TSB Group Holdings plc (-PTSB) dated 6 November 2026. The disclosure, published on 9 November 2026 via RNS, confirms Goldman Sachs International's role as adviser to the offeree, Permanent TSB Group Holdings plc. The filing is a regulatory requirement under Irish takeover rules and indicates that a formal takeover process involving the Irish retail bank is under way, making it a closely watched development for investors monitoring the stock.

Key Points

  • Permanent TSB Group Holdings plc (-PTSB), with Goldman Sachs International acting as adviser to the offeree
  • Goldman Sachs International disclosed dealings in EUR 0.01 ordinary shares of Permanent TSB Group Holdings plc on 6 November 2026
  • Post-dealing long position of 84,539 shares (0.01%) and short position of 85,538 shares (0.01%); transactions comprised a sale of 1,010 shares as a borrow partial return and a purchase of 11 shares as a loan partial return, both at N/A price per unit
  • Investors should watch for further Rule 38.5 disclosures and any formal offer documentation from the Irish Takeover Panel process

Goldman Sachs International's Post-Dealing Position in Permanent TSB Ordinary Shares

Following the dealings dated 6 November 2026, Goldman Sachs International held a long position of 84,539 EUR 0.01 ordinary shares in Permanent TSB Group Holdings plc, representing 0.01% of the relevant class, alongside a short position of 85,538 shares, also equating to 0.01%. The disclosure confirms no derivatives other than options, and no options or agreements to purchase or sell were held following the transaction. No interests or short positions in other classes of Permanent TSB relevant securities were reported, and no supplemental Form 8 was attached to the filing.

Nature of the Transactions: Borrow Partial Return and Loan Partial Return

The dealings disclosed comprised two transactions in Permanent TSB's EUR 0.01 ordinary shares. A sale described as a borrow partial return involved 1,010 securities, while a purchase described as a loan partial return covered 11 securities. The announcement records the price per unit for both transactions as N/A, meaning no cash consideration price was disclosed within the filing. No derivatives transactions and no options transactions were reported as part of this disclosure. Goldman Sachs International also confirmed that no agreements, arrangements, or understandings relating to voting rights or derivatives exist, explicitly stating "none" in the relevant section.

Goldman Sachs International's Adviser Role Under Irish Takeover Panel Rules

The filing identifies Goldman Sachs International as an exempt principal trader acting in connection with Permanent TSB Group Holdings plc in its capacity as adviser to the offeree. This classification requires disclosure under Rule 38.5(b) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, specifically covering connected exempt principal traders without recognised intermediary status, or those with such status but not dealing in a client-serving capacity. Contact persons named in the announcement are Papa Lette and Andrzej Szyszka, reachable on the telephone numbers provided in the filing.