J & E Davy Unlimited Company (0QT8), an Irish investment firm acting as a connected exempt principal trader, has filed a Form 38.5(a) disclosure with the Irish Takeover Panel confirming share dealings in Irish Residential Properties REIT PLC conducted on 12 November 2026. The filing, made under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, covers both purchases and sales of ordinary shares in the residential property investment trust. The disclosure was submitted on 13 November 2026 and published via a Regulatory Information Service, as required under Rule 38 of the Rules.

Key Points

  • J & E Davy Unlimited Company (0QT8) filed a Form 38.5(a) dealing disclosure under Irish Takeover Panel rules
  • Dealings were conducted on 12 November 2026 in ordinary EUR 0.50 shares of Irish Residential Properties REIT PLC
  • Purchases totalled 2,514,674 shares; sales totalled 3,068,042 shares, with prices ranging between EUR 1.362 and EUR 1.363 per unit
  • Investors may be watching whether further disclosures emerge as the offer process progresses

J&E Davy's Client-Serving Trades in Irish Residential Properties REIT Ordinary Shares

The announcement states that J&E Davy Unlimited Company, acting in a client-serving capacity as a connected exempt principal trader with Recognised Intermediary Status, purchased 2,514,674 ordinary EUR 0.50 shares in Irish Residential Properties REIT PLC on 12 November 2026. The highest price paid per unit was EUR 1.363 and the lowest was EUR 1.362. These purchases were offset by sales of 3,068,042 shares in the same class, also transacted within the same EUR 1.362 to EUR 1.363 price range, indicating the dealings occurred within a narrow intraday price band.

Irish Residential Properties REIT PLC as the Named Offeree in This Takeover Panel Filing

Irish Residential Properties REIT PLC is identified in the disclosure as both the offeree and the party to the offer with which J&E Davy is connected. The company is a Dublin-listed real estate investment trust focused on the Irish residential property market, providing investors with exposure to private rented residential assets in Ireland. The filing does not contain details of any cash-settled derivatives, stock-settled derivatives, options, or other dealing arrangements. The disclosure confirms no indemnity or option arrangements exist between J&E Davy and any party to the offer.

Regulatory Obligations Driving the Form 38.5(a) Submission

Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, connected exempt principal traders dealing in relevant securities during an offer period are required to make public disclosures to a Regulatory Information Service. J&E Davy's filing was prepared by contact Lea Pesic and submitted on 13 November 2026, the day following the dealings. The announcement states no agreements, arrangements, or understandings relating to options, derivatives, or voting rights were in place, satisfying the conditions set out under Rule 38.5(a) for traders acting in a client-serving capacity.