J & E Davy Unlimited Company (0QT8), a Dublin-based financial services firm operating as a connected exempt principal trader, has filed a Form 38.5(a) disclosure with the Irish Takeover Panel relating to dealings in Irish Residential Properties REIT PLC ordinary shares. The transactions, carried out on 3 November 2026 in a client-serving capacity, involved both purchases and sales of EUR 0.50 ordinary shares. The filing was made public on 4 November 2026 and is required under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. Investors monitoring the ongoing offer situation around Irish Residential Properties REIT may wish to note the volume and pricing detail disclosed.

Key Points

  • J & E Davy Unlimited Company (0QT8) filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel
  • Dealings relate to Irish Residential Properties REIT PLC ordinary shares transacted on 3 November 2026
  • Purchases totalled 385,071 shares at prices ranging from EUR 1.296 to EUR 1.304; sales totalled 157,520 shares at EUR 1.304
  • Investors should watch for further disclosure filings as the offer situation around Irish Residential Properties REIT continues

J&E Davy's Purchase and Sale Volumes in Irish Residential Properties REIT Ordinary Shares

According to the Form 38.5(a) filing, J&E Davy purchased a total of 385,071 ordinary EUR 0.50 shares in Irish Residential Properties REIT PLC on 3 November 2026, with the highest price paid standing at EUR 1.304 per unit and the lowest at EUR 1.296 per unit. Separately, the firm sold 157,520 ordinary shares at a uniform price of EUR 1.304 per unit. No cash-settled derivative transactions, stock-settled derivatives, or other dealings were reported in the filing. The disclosure confirms activity solely in the ordinary share class, with no other classes of relevant securities referenced.

Irish Residential Properties REIT PLC and the Regulatory Context Driving This Filing

Irish Residential Properties REIT PLC is an Irish real estate investment trust focused on the residential property rental sector in Ireland, providing investors with exposure to the Irish private rented residential market. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, parties connected to an offeror or offeree are required to disclose dealings in relevant securities during an offer period. J&E Davy is identified in the filing as a connected exempt principal trader with Recognised Intermediary Status, acting in a client-serving capacity rather than on a proprietary basis, which is a material distinction under Rule 38.5(a) of the Rules.

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

The filing explicitly states that no cash-settled derivative transactions, stock-settled derivative transactions, or options were undertaken. Additionally, J&E Davy confirmed there were no indemnity arrangements, option arrangements, or any agreements or understandings relating to voting rights or future acquisition or disposal of Irish Residential Properties REIT securities. No disclosure was made in respect of any other party to the offer beyond Irish Residential Properties REIT PLC itself. The contact named on the disclosure is Lea Pesic, reachable at the telephone number provided in the regulatory filing.