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FORM 38.5(b) |
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IRISH TAKEOVER PANEL |
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OPENING POSITION DISCLOSURE/DEALING DISCLOSURE |
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UNDER RULE 38.5(b) OF THE IRISH TAKEOVER |
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PANEL ACT, 1997, TAKEOVER RULES, 2022 BY A CONNECTED |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED |
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INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY |
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STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY |
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1. KEY INFORMATION |
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(a) Name of exempt principal trader |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) Name of offeror/offeree in relation to whose relevant securities this form relates: |
IRISH RESIDENTIAL PROPERTIES REIT PLC |
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(c) Name of the party to the offer with which exempt principal trader is connected (Note 1) |
IRISH RESIDENTIAL PROPERTIES REIT PLC |
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(d) Date position held/dealing undertaken: |
09 Oct 2026 |
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(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? |
NO |
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2. INTERESTS AND SHORT POSITIONS |
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Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) (Note 2) |
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(Note 2) |
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Class of relevant security : |
€0.10 Ordinary Shares |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
5,078,065 |
0.97% |
150,229 |
0.03% |
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(2) Cash-settled derivatives: |
197,850 |
0.04% |
5,098,774 |
0.97% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
5,275,915 |
1.01% |
5,249,003 |
1.00% |
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3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER (Note 4) |
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(a) Purchases and sales |
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Class of relevant Security |
Purchase/sale |
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
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€0.10 Ordinary Shares |
Purchase |
418,298 |
1.3020 EUR |
1.2935 EUR |
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€0.10 Ordinary Shares |
Sale |
813,834 |
1.3020 EUR |
1.2940 EUR |
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(b) Cash-settled derivative transactions |
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Class of relevant security |
Product description |
Nature of dealing |
Number of reference securities |
Price per unit(Note 4) |
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€0.10 Ordinary Shares |
SWAP |
Increasing Short |
86 |
1.2953 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
200 |
1.2939 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
2,652 |
1.2950 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
329,445 |
1.2940 EUR |
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€0.10 Ordinary Shares |
CFD |
Increasing Short |
9,490 |
1.2999 EUR |
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€0.10 Ordinary Shares |
CFD |
Decreasing Short |
11,331 |
1.2951 EUR |
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€0.10 Ordinary Shares |
SWAP |
Increasing Short |
5,974 |
1.2945 EUR |
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€0.10 Ordinary Shares |
SWAP |
Increasing Long |
8,422 |
1.2964 EUR |
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€0.10 Ordinary Shares |
SWAP |
Increasing Short |
24 |
1.2952 EUR |
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€0.10 Ordinary Shares |
SWAP |
Increasing Short |
24 |
1.2952 EUR |
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€0.10 Ordinary Shares |
SWAP |
Increasing Long |
1,305 |
1.2964 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
271 |
1.2977 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
6,865 |
1.2947 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
6,223 |
1.2990 EUR |
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€0.10 Ordinary Shares |
SWAP |
Increasing Short |
72 |
1.3000 EUR |
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€0.10 Ordinary Shares |
SWAP |
Decreasing Short |
44,492 |
1.2973 EUR |
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(c) Stock-settled derivative transactions (including options) |
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(i) Writing, selling, purchasing or varying |
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Class of |
Product description |
Writing, purchasing, |
Number of securities |
Exercise price |
Type |
Expiry date |
Option money |
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relevant security |
selling, |
to which option |
per unit |
paid/received per unit |
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varying etc. |
relates (Note 7) |
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(ii) Exercising |
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Class of relevant security |
Product description |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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(d) Other dealings (including subscribing for new securities) |
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Class of relevant security |
Nature of Dealings |
Details |
Price per unit |
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(Note 7) |
(if applicable) (Note 4) |
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4. OTHER INFORMATION |
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(a) Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities |
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which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any |
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party to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) Agreements, arrangements or understandings relating to options or derivatives |
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Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the |
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voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or |
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disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
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NONE |
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(c) Attachments |
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Is a Supplemental Form 8 attached? |
NO |
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Date of disclosure: |
12 Oct 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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Barclays: IrishForm38.5BIRISHRESIDENTIALPROPERTIESREITPLC
Summary by 6ix
Barclays Capital Securities Ltd, filing as an exempt principal trader (a trading classification under the Irish Takeover Rules) connected with Irish Residential Properties REIT PLC, disclosed its position in and dealings in that company's shares on October 9, 2026.
Key details
- On October 9, 2026 it bought 418,298 €0.10 ordinary shares at prices between 1.2935 EUR and 1.3020 EUR, and sold 813,834 at prices between 1.2940 EUR and 1.3020 EUR.
- After the dealings, its interests totalled 5,275,915 shares (1.01%): 5,078,065 owned or controlled (0.97%) and 197,850 through cash-settled derivatives (0.04%).
- Its short positions totalled 5,249,003 shares (1.00%): 150,229 owned or controlled (0.03%) and 5,098,774 through cash-settled derivatives (0.97%).
- It also made a number of swap and contract-for-difference trades on the shares that day, which are cash-settled derivatives tied to the share price.
- It reported no indemnity, dealing arrangements or agreements on voting rights relating to the shares. The disclosure is dated October 12, 2026.
6ix wrote this summary from the release below and checked it against the release.
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