Syquant Capital, a Paris-based investment firm, has filed a Form 8.3 disclosure under Rule 8.3 of the Irish Takeover Panel Act 1997 relating to Permanent TSB Group Holdings plc (-PTSB), the Irish retail banking group. The disclosure, dated 9 November 2026 and covering dealings on 6 November 2026, reveals that Syquant Capital holds a total long position of 15,633,921 EUR 0.01 ordinary shares in Permanent TSB, equivalent to 2.86% of the relevant securities class. The position is held entirely through contracts for difference rather than direct share ownership, a distinction that investors in Irish-listed banking stocks may consider significant when assessing the nature of institutional interest.

Key Points

  • Syquant Capital filing under Irish Takeover Panel Rules relating to Permanent TSB Group Holdings plc (-PTSB)
  • Syquant Capital increased its CFD long position in Permanent TSB on 6 November 2026 via two separate transactions
  • Total long position following dealings: 15,633,921 shares (2.86%) held via derivatives; no direct shareholding or short position disclosed
  • Investors may watch for further Form 8.3 filings indicating whether Syquant Capital continues to build or reduce its derivative exposure to Permanent TSB

Syquant Capital Increases CFD Long Stake in Permanent TSB via Two Separate Transactions

According to the Form 8.3 disclosure, Syquant Capital executed two CFD transactions on 6 November 2026, both classified as increasing a long position. The first transaction involved 33,756 securities at a price of 2.94 EUR per unit, and the second covered 35,068 securities at 2.95 EUR per unit. Both transactions were conducted through contracts for difference, meaning Syquant Capital does not hold the underlying Permanent TSB ordinary shares directly. The combined effect of these two dealings brought Syquant Capital's total disclosed long position, held entirely through derivatives, to 15,633,921 EUR 0.01 ordinary shares, representing 2.86% of that share class.

Permanent TSB Group Holdings Ordinary Share Class at Centre of Irish Takeover Panel Filing

Permanent TSB Group Holdings plc is an Irish retail bank offering personal banking, mortgages, and savings products primarily in the Republic of Ireland. The securities disclosed in Syquant Capital's filing relate specifically to the company's EUR 0.01 ordinary shares, the principal listed equity class. The filing was made under Rule 8.3 of the Irish Takeover Panel Act 1997 Takeover Rules 2013, which requires persons holding interests of 1% or more in relevant securities of an Irish-listed company subject to takeover rules to disclose their dealings publicly. No short positions of any kind were declared by Syquant Capital in this filing.

No Agreements or Supplemental Forms Attached to Syquant Capital's Permanent TSB Disclosure

The filing, submitted by contact Alexandre Chevtchenko of Syquant Capital and bearing a Paris telephone number, confirms that no agreements, arrangements, or understandings exist between Syquant Capital and any other person relating to voting rights or the future acquisition or disposal of relevant securities referenced by the derivatives. The disclosure also confirms that no Supplemental Form 8 is attached. Syquant Capital is not identified in the announcement as a connected exempt fund manager to any offeree or offeror, and no such connection is stated. The company did not disclose the aggregate market value of the total position in the announcement.