Goldman Sachs International filed a Form 38.5(b) disclosure with the Irish Takeover Panel on 13 November 2026, revealing dealings in the 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(b) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, covering transactions by a connected exempt principal trader. Goldman Sachs International is identified in the filing as adviser to the offeree, Permanent TSB Group Holdings plc, making the regulatory transparency of this disclosure particularly relevant to investors monitoring the Irish-listed banking group.

Key Points

  • Permanent TSB Group Holdings plc (-PTSB) is the company to which the disclosed dealings relate
  • Goldman Sachs International disclosed loan-based securities transactions in PTSB's EUR 0.01 ordinary shares on 12 November 2026
  • Following the dealings, Goldman Sachs International held a long position of 57,969 shares (0.01%) and a short position of 79,290 shares (0.01%)
  • Investors should watch for further Rule 38.5(b) disclosures as the Irish Takeover Panel process continues

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

Following the transactions conducted on 12 November 2026, Goldman Sachs International reported a long position of 57,969 EUR 0.01 ordinary shares in Permanent TSB Group Holdings plc, representing 0.01% of the relevant class. On the short side, the firm disclosed a position of 79,290 shares, also equating to 0.01%. No derivatives other than options, and no options or agreements to purchase or sell, were reported in either the long or short columns. The firm confirmed that no interests or short positions were held in any other class of relevant securities of Permanent TSB Group Holdings plc beyond those dealt in.

Loan New and Loan Partial Return Transactions Conducted on 12 November 2026

The dealings section of the Form 38.5(b) filing sets out four individual transactions, all involving EUR 0.01 ordinary shares of Permanent TSB Group Holdings plc. These comprised two sales described as Loan New — covering 10,970 shares and 7,672 shares respectively — and two purchases described as Loan Partial Return, each involving 7,672 shares. The announcement states that no price per unit was disclosed for any of the four transactions. No derivatives transactions and no options transactions were reported in the filing. The company did not disclose transaction values in the announcement.

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

The filing explicitly identifies Goldman Sachs International as adviser to the offeree, Permanent TSB Group Holdings plc, establishing the nature of the firm's connection under the Irish Takeover Panel rules. This relationship requires Goldman Sachs International to file disclosures as a connected exempt principal trader without recognised intermediary status, or acting outside a client-serving capacity. The disclosure confirms no agreements, arrangements, or understandings exist relating to voting rights, options, or derivatives referenced in the form. Contact persons named in the filing are Papa Lette and Andrzej Szyszka, reachable via Paris and Warsaw offices respectively. No supplemental Form 8 was attached.