J&E Davy Unlimited Company, the Irish stockbroking and wealth management firm, has filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel relating to ordinary shares in Irish Residential Properties REIT PLC (ticker: 0QT8), a Dublin-based real estate investment trust focused on the Irish private residential rental market. The disclosure, published on 5 November 2026, covers transactions undertaken on 4 November 2026 in a client-serving capacity as a connected exempt principal trader with Recognised Intermediary Status. Investors following the REIT sector may note the scale of shares changing hands and the price range disclosed in the filing.
Key Points
- Irish Residential Properties REIT PLC (0QT8) — Irish-listed residential REIT; J&E Davy Unlimited Company is the disclosing exempt principal trader
- J&E Davy purchased 3,117,298 ordinary EUR 0.50 shares and sold 3,352,298 ordinary EUR 0.50 shares on 4 November 2026
- Purchase prices ranged between EUR 1.298 and EUR 1.312 per unit; sale prices ranged between EUR 1.29865 and EUR 1.314 per unit
- Investors may watch for further Form 38.5(a) filings as the Irish Takeover Panel process continues
J&E Davy's Purchase and Sale of Over Six Million Irish Residential Properties REIT Shares
The disclosure confirms that J&E Davy Unlimited Company, acting in a client-serving capacity, purchased a total of 3,117,298 ordinary EUR 0.50 shares in Irish Residential Properties REIT PLC on 4 November 2026, with the highest price paid per unit reaching EUR 1.312 and the lowest EUR 1.298. On the same date, the firm sold 3,352,298 shares in the same share class, with the highest price received per unit at EUR 1.314 and the lowest at EUR 1.29865. No cash-settled or stock-settled derivative transactions were reported as part of this filing, with all such sections recorded as not applicable.
Irish Residential Properties REIT's Role as Both Offeree and Connected Party in This Filing
The Form 38.5(a) filing identifies Irish Residential Properties REIT PLC as both the offeree company to whose relevant securities the disclosure relates and the party to the offer with which J&E Davy is connected, as defined under Rule 2.2 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. Irish Residential Properties REIT is a publicly listed REIT operating in Ireland's private residential rental sector, providing investors with exposure to Irish apartment and housing assets. The announcement states that J&E Davy holds Recognised Intermediary Status and is classified as a connected exempt principal trader under applicable Irish Takeover Panel rules.
No Indemnity Arrangements or Derivative Dealings Reported by J&E Davy
The filing explicitly states that no indemnity arrangements, option arrangements, or any agreements or understandings relating to relevant securities were entered into by J&E Davy in connection with any party to the offer. Additionally, the disclosure confirms no agreements exist regarding voting rights, future acquisition, or disposal linked to any derivative instruments. The contact named in the filing is Lea Pesic, reachable on the telephone number provided. The disclosure was made public on 5 November 2026 in compliance with Rule 38 of the Irish Takeover Panel Rules, which requires publication through a Regulatory Information Service.





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