J & E Davy Unlimited Company (-PTSB) has filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel, confirming that it bought and sold ordinary shares in Permanent TSB Group Holdings PLC on 3 November 2026. The disclosure was made under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, with J&E Davy acting as a connected exempt principal trader with Recognised Intermediary Status dealing in a client-serving capacity. The filing, published on 4 November 2026, confirms that Permanent TSB Group Holdings PLC is the relevant offeror or offeree party to which the dealings relate. Investors following activity in Permanent TSB Group Holdings shares may note these disclosed transactions as part of the regulated transparency framework governing Irish takeover situations.

Key Points

  • J & E Davy Unlimited Company (-PTSB) filed a Form 38.5(a) disclosure with the Irish Takeover Panel
  • J&E Davy sold 61,753 ordinary EUR 0.50 shares in Permanent TSB Group Holdings PLC at 2.97 EUR per unit and purchased 17,000 shares at prices between 2.95 EUR and 2.96 EUR per unit
  • Dealings were undertaken on 3 November 2026; disclosure date is 4 November 2026
  • Investors should watch for any further Rule 38 disclosures relating to Permanent TSB Group Holdings as the offer situation develops

J&E Davy Sells 61,753 and Buys 17,000 Permanent TSB Ordinary Shares on 3 November 2026

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, executed two sets of transactions in Permanent TSB Group Holdings PLC ordinary shares of EUR 0.50 nominal value on 3 November 2026. The firm sold a total of 61,753 shares at a price of 2.97 EUR per unit and separately purchased 17,000 shares at prices ranging between 2.95 EUR and 2.96 EUR per unit. No cash-settled or stock-settled derivative transactions were reported in the disclosure, and the firm confirmed no indemnity or option arrangements exist with any party to the offer.

Permanent TSB Group Holdings PLC Named as Both Offeror or Offeree and Connected Party in J&E Davy's Rule 38.5(a) Filing

The Form 38.5(a) filing identifies Permanent TSB Group Holdings PLC as both the offeror or offeree to whose relevant securities the disclosure relates and the party to the offer with which J&E Davy is connected. This dual designation is a significant regulatory detail, as it underscores J&E Davy's formal relationship with Permanent TSB Group Holdings PLC within the structure of the Irish Takeover Panel's oversight framework. The disclosure was filed by contact Megan Larkin and submitted to a Regulatory Information Service in compliance with the public disclosure requirements set out under Rule 38 of the Irish Takeover Rules, 2022.

Irish Takeover Panel Transparency Requirements Drive Mandatory Form 38.5(a) Submissions

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 disclose their transactions publicly. J&E Davy Unlimited Company, one of Ireland's established stockbroking and wealth management firms, is subject to these obligations when dealing in shares of a company involved in a takeover situation. The requirement to report both purchases and sales separately — including the highest and lowest prices paid or received — is designed to ensure market participants and regulators can monitor dealing patterns with full transparency throughout the duration of an offer process.