Permanent TSB Group Holdings plc Reports Share Transactions by J&E Davy Under Irish Takeover Panel Rule 38.5(a)

Overview of Permanent TSB Group Holdings plc and Regulatory Compliance

Permanent TSB Group Holdings plc operates as an Irish banking and financial services firm governed by Irish financial regulations and subject to Irish Takeover Panel rules. As a publicly listed company, it must adhere to stringent disclosure requirements under the Irish Takeover Panel Act 1997 and the Takeover Rules 2022. Reporting dealings by connected parties such as exempt principal traders is a key part of the regulatory framework ensuring transparency and market integrity concerning the company's securities.

The current disclosure pertains to Form 38.5(a), mandated when a connected exempt principal trader with recognised intermediary status carries out transactions in relevant securities on a client-serving basis. This ensures timely and transparent market reporting of trades by intermediaries linked to the issuer, enabling investors and market participants to assess trading activity in the company's shares.

J&E Davy’s Purchase of 63,700 Ordinary Shares

On 17 July 2026, J&E Davy Unlimited Company, acting as an exempt principal trader with recognised intermediary status in a client-serving capacity, purchased 63,700 ordinary shares of Permanent TSB Group Holdings plc. These shares, denominated at EUR0.50 each, were bought at prices ranging from EUR2.99 to EUR3.01 per share, reflecting a EUR0.02 trading price range during the transaction period.

This purchase volume indicates notable market demand for Permanent TSB shares within the EUR2.99 to EUR3.01 price bracket on that date. The scale of 63,700 shares underscores significant trading activity by the connected intermediary on behalf of clients. Such disclosures are mandated by Irish Takeover Panel rules to maintain transparency about dealings by parties connected to the issuer, especially when executed for multiple clients.

Sale of 53,700 Ordinary Shares at Slightly Higher Prices

Subsequent to the purchases, J&E Davy Unlimited Company sold 53,700 ordinary shares in Permanent TSB Group Holdings plc on 17 July 2026. These sales occurred at prices between EUR3.01 and EUR3.02 per share, marginally above the purchase price range, suggesting slight intraday price appreciation.

The shares sold were 10,000 fewer than those purchased, possibly reflecting specific client sales instructions or timing factors in order execution. Disclosing both purchase and sale activities offers a comprehensive view of the intermediary’s trading behavior, allowing investors and regulators to evaluate net positions and trading patterns during this period.

Regulatory Context and Connected Party Disclosure Requirements

This disclosure complies with Irish Takeover Panel Rule 38.5(a), which requires exempt principal traders connected to the offeror or offeree in a takeover to report their dealings. J&E Davy Unlimited Company is identified both as the exempt principal trader and as connected to Permanent TSB Group Holdings plc, the relevant offeror or offeree. This distinction highlights regulatory requirements differentiating standard intermediaries from those with formal ties to the issuer.

The filing confirms disclosures pertain solely to Permanent TSB Group Holdings plc, indicating a single-party transaction. The exempt principal trader’s recognised intermediary status permits operation under specific regulatory exemptions while maintaining full disclosure obligations to the Irish Takeover Panel and market participants. This framework prevents conflicts of interest and ensures connected parties do not gain unfair informational advantages.

Transaction Currency and Share Capital Details

All disclosed transactions were conducted in euros (EUR), the natural currency for an Irish-listed company. The ordinary shares are designated ORD EUR0.50, signifying a nominal value of EUR0.50 per share. Trading prices ranged from EUR2.99 to EUR3.02, indicating shares traded above nominal value, consistent with established banking institutions possessing positive asset valuations and earnings potential.

The company did not provide additional details on the rationale behind the trades, strategic context, or prevailing market conditions on 17 July 2026. The announcement strictly reports factual transaction data as required by Irish Takeover Panel rules, without commentary on market sentiment or expected impact on share price or investor base. The detailed recording of prices, quantities, and dates reflects the high level of disclosure mandated for connected party dealings.

No Derivative or Options Transactions Reported

The announcement confirms that J&E Davy Unlimited Company did not engage in any cash-settled or stock-settled derivative transactions, including options, during the disclosure period. All sections related to derivatives, calls, puts, and other complex securities were marked N/A, indicating the trading activity was limited to spot purchases and sales of ordinary shares.

This absence of derivative dealings indicates straightforward trading activity focused on direct equity transactions rather than leveraged or synthetic strategies. Investors may interpret this as genuine client-driven demand for Permanent TSB shares rather than speculative or tactical positioning.

Confirmation of Absence of Indemnities and Special Arrangements

The disclosure confirms no indemnity, option, or other agreements existed between J&E Davy Unlimited Company and Permanent TSB Group Holdings plc or associated parties that could influence dealing incentives. This mandatory confirmation ensures transactions were conducted on an arm’s-length basis without special inducements.

Additionally, no agreements related to voting rights or future acquisitions or disposals of securities underpinned derivative dealings, consistent with the absence of such transactions. These confirmations reinforce transparency and regulatory integrity under Irish Takeover Panel rules.

Disclosure Timing and Compliance with Regulatory Standards

The share dealings occurred on 17 July 2026, with disclosure filed on 20 July 2026, meeting the Irish Takeover Panel’s three-calendar-day reporting requirement. Contact details for the disclosure—Simon Leacy, telephone 016148705—are provided for verification or clarification purposes, facilitating regulatory and market participant inquiries.

The announcement was issued via a regulatory information service (RIS), ensuring simultaneous and official dissemination to all market participants. This process prevents selective information release and guarantees equal access to material data. Any future corrections would be made through the same RIS channels with references to the original filing.

Investor Considerations Regarding Permanent TSB Group Holdings plc

The disclosure of J&E Davy’s trading offers insights into market microstructure for Permanent TSB shares on 17 July 2026. The pattern of 63,700 shares purchased and 53,700 sold, with slightly higher sale prices, reflects typical intraday trading dynamics, possibly representing inventory management or sequential client order execution. Investors tracking share price and volume may find this information useful to identify significant trading participants.

The immediate effect on share price is not evident from public data. However, the disclosure is relevant for investors monitoring connected party transactions or potential takeover activity, as it falls under takeover disclosure rules rather than standard continuous reporting. While no direct indications of management or shareholder sentiment emerge, investors should seek independent financial advice before interpreting this regulatory filing for investment decisions.