LMR Partners LLP has filed a Form 8.3 disclosure with the Irish Takeover Panel, revealing it reduced its cash-settled derivative position in Irish Residential Properties REIT plc (0QT8) on 9 November 2026. The London-based investment firm trimmed its exposure through a series of CFD transactions, leaving a remaining interest of 4,750,000 ordinary shares equivalent at 0.906% of the relevant securities. The disclosure is required under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates transparency from holders of 1% or more in companies subject to a takeover offer. Investors may be watching the evolving pattern of institutional positioning in Irish Residential Properties REIT as the offer process continues.

Key Points

  • LMR Partners LLP (0QT8) — disclosure relates to Irish Residential Properties REIT plc
  • LMR Partners reduced its long CFD position in Irish Residential Properties REIT ordinary shares on 9 November 2026
  • Remaining interest: 4,750,000 shares via cash-settled derivatives, representing 0.906% of relevant securities; CFD transactions executed at a price of 1.370 per unit
  • Investors should watch for further Rule 8.3 filings as the takeover timetable progresses and institutional positions continue to shift

LMR Partners Executes Three CFD Reductions in Irish Residential Properties REIT at 1.370 Per Unit

The Form 8.3 disclosure states that LMR Partners LLP undertook three separate cash-settled CFD transactions on 9 November 2026, each recorded as reducing a long position in Irish Residential Properties REIT ordinary shares. The three tranches covered 3,653,845 shares, 96,155 shares, and 400,000 shares respectively, all at a price of 1.370 per unit. The announcement does not specify the currency denomination of this price. Following these transactions, LMR Partners' total remaining interest via cash-settled derivatives stood at 4,750,000 ordinary shares, equivalent to 0.906% of relevant securities, with no short positions or stock-settled derivatives reported.

Irish Residential Properties REIT plc Is the Offeree Named Under the Irish Takeover Panel Process

Irish Residential Properties REIT plc is the offeree company to which this disclosure relates, as named under the Irish Takeover Panel framework. The REIT structure indicates the company operates within the Irish residential property sector, generating returns through ownership and management of residential real estate assets. The disclosure confirms LMR Partners is not an exempt fund manager connected with any offeror or offeree, and the firm confirmed no indemnity arrangements, option agreements, or understandings relating to voting rights exist in connection with this position. LMR Partners also confirmed it is not making disclosures in respect of any other party to the offer.

Rule 8.3 Obligations Triggered by Interests at or Above 1% Threshold During Live Offer

Under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, any person holding interests in relevant securities representing 1% or more of any class must publicly disclose their positions and any dealings during an offer period. LMR Partners' current holding of 0.906% falls marginally below that threshold following the reductions disclosed, though the filing itself was triggered by its prior qualifying position. The contact named in the disclosure is Ben Sheridan, and the form was submitted on 10 November 2026. No supplemental Form 8 was attached to this disclosure.