J & E Davy Unlimited Company (0QT8) has filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel, confirming transactions in ordinary shares of Irish Residential Properties REIT PLC conducted on 11 November 2026. The disclosure was made in J&E Davy's capacity as a connected exempt principal trader with Recognised Intermediary Status, acting in a client-serving capacity. Filed on 12 November 2026 under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, the submission provides transparency around share dealings during an ongoing offer period, a requirement investors in Irish-listed companies under takeover rules will recognise as standard regulatory practice.

Key Points

  • J & E Davy Unlimited Company (0QT8) filed a Form 38.5(a) dealing disclosure on 12 November 2026
  • Dealings relate to ordinary EUR0.50 shares in Irish Residential Properties REIT PLC, conducted on 11 November 2026
  • Purchases totalled 604,512 shares at prices between EUR1.362 and EUR1.364; sales totalled 1,051,424 shares in the same price range
  • Investors should watch for further Rule 38 disclosures as the offer period progresses

J&E Davy's Purchase and Sale of Irish Residential Properties REIT Ordinary Shares on 11 November 2026

The announcement states that J&E Davy purchased 604,512 ordinary EUR0.50 shares in Irish Residential Properties REIT PLC, with the highest price paid recorded at EUR1.364 and the lowest at EUR1.362. On the same date, the firm sold 1,051,424 ordinary EUR0.50 shares, also within the EUR1.362 to EUR1.364 price range. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported in the disclosure. The volume asymmetry between purchases and sales — with sells exceeding buys by 446,912 shares — reflects client-serving activity rather than any proprietary position change, the announcement indicates.

Irish Residential Properties REIT PLC and the Regulatory Context Requiring This Disclosure

Irish Residential Properties REIT PLC is an Irish real estate investment trust focused on the residential property sector in Ireland. The company's ordinary shares carry a nominal value of EUR0.50 each. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, connected exempt principal traders dealing in securities of an offeror or offeree during an offer period are required to make public disclosures via a Regulatory Information Service. J&E Davy is disclosed as being connected to Irish Residential Properties REIT PLC, the named offeree, which triggers the obligation to file this Form 38.5(a) for dealings undertaken in a client-serving capacity.

No Derivative Positions or Indemnity Arrangements Reported by J&E Davy

The disclosure confirms that J&E Davy entered into no cash-settled derivatives, stock-settled derivatives, options, or other dealings in connection with Irish Residential Properties REIT PLC shares on the date in question. The firm additionally confirmed no indemnity arrangements, options, or agreements that could constitute an inducement to deal or refrain from dealing with any party to the offer or persons acting in concert. No agreements relating to voting rights or future acquisition or disposal of relevant securities were reported. The contact named in the filing is Lea Pesic, reachable on the telephone number stated in the disclosure.