J&E Davy Unlimited Company, the Irish stockbroking and financial services firm, has filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel relating to ordinary shares in Permanent TSB Group Holdings PLC. The disclosure, dated 12 November 2026, covers transactions carried out on 11 November 2026 in a client-serving capacity. J&E Davy is classified as a connected exempt principal trader with Recognised Intermediary Status under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. Investors in Permanent TSB Group Holdings may wish to monitor ongoing disclosures of this nature as they form part of the regulated transparency framework governing the company's shares.

Key Points

  • J&E Davy Unlimited Company filing relates to Permanent TSB Group Holdings PLC (CDI: -PTSB)
  • J&E Davy sold 2,000 and purchased 20,000 ordinary EUR0.50 shares in Permanent TSB on 11 November 2026
  • Sell transactions were executed at 2.95 EUR per unit; purchase transactions at 2.94 EUR per unit
  • Investors should watch for further Rule 38 disclosures as the regulated offer period continues

J&E Davy's Client-Serving Trades in Permanent TSB Ordinary EUR0.50 Shares

The disclosure confirms that J&E Davy Unlimited Company, acting in a client-serving capacity, executed two distinct transactions in Permanent TSB Group Holdings PLC ordinary shares, each carrying a nominal value of EUR0.50. On 11 November 2026, the firm sold 2,000 shares at a price of 2.95 EUR per unit and separately purchased 20,000 shares at 2.94 EUR per unit. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported in the filing. The net activity represented a purchase of 18,000 more shares than were sold across the two reported transactions on that date.

Permanent TSB Group Holdings and J&E Davy's Connected Status Under Irish Takeover Rules

Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, J&E Davy is identified as connected to Permanent TSB Group Holdings PLC, the party to the offer named in the disclosure. Permanent TSB Group Holdings PLC is an Irish retail bank operating primarily in the Republic of Ireland, offering mortgages, personal lending, and deposit products to retail customers. The connected exempt principal trader classification obliges J&E Davy to disclose dealings undertaken in a client-serving capacity during an offer period, ensuring market transparency and regulatory compliance throughout any takeover process involving the bank's securities.

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

The filing explicitly states that no indemnity arrangements, option agreements, or understandings that could act as an inducement to deal or refrain from dealing were entered into by J&E Davy in connection with any party to the offer or any person acting in concert with such a party. Sections covering cash-settled derivatives, stock-settled derivatives, and other dealings are all marked not applicable. The contact named in the disclosure is Sean Uzunkaya, reachable via the telephone number provided in the filing, and the public disclosure was made to a Regulatory Information Service as required under Rule 38 of the Rules.