Société Générale SA has submitted a Form 8.3 opening position disclosure to the Irish Takeover Panel concerning Permanent TSB Group Holdings plc (-PTSB), the Irish retail banking company. The disclosure, dated 20 August 2026 and reflecting holdings as of 19 August 2026, reveals that the French banking institution holds a total interest amounting to 2.30% of Permanent TSB’s 0AC0.01 ordinary shares. This filing complies with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates public disclosure for any party holding 1% or more of relevant securities during an offer period.

Key Highlights

Permanent TSB Group Holdings plc (-PTSB) is an Irish retail banking group listed on Euronext Dublin.
Société Générale SA disclosed a 2.30% total interest in PTSB’s 0AC0.01 ordinary shares as of 19 August 2026.
The total interest of 12,557,478 shares includes 8,333,892 shares held through borrow products; short positions amount to 4,223,537 shares (0.77%).
Investors should monitor for additional Rule 8.3 disclosures as the offer period continues and institutional holdings evolve.

Breakdown of Société Générale’s 2.30% Stake in Permanent TSB Across Owned, Borrowed, and Derivative Holdings

Per the Form 8.3 filing, Société Générale’s total interest of 12,557,478 shares, representing 2.30% of Permanent TSB’s relevant securities, consists of multiple components. The bank directly owns or controls 4,223,586 shares (0.77%), with an additional 8,333,892 shares held via borrow products. On the short side, Société Générale holds cash-settled derivative positions—specifically contracts for difference (CFDs)—referencing 4,223,484 shares (0.77%), along with 53 shares shorted outright. The filing reports no stock-settled derivatives or options.

Société Générale Expands CFD Short Positions in Permanent TSB Through Two Trades on 19 August 2026

The disclosure details two share purchases and two corresponding CFD transactions executed on 19 August 2026. Société Générale acquired 96,509 ordinary shares at 0AC2.93 each and an additional 4,188 shares at 0AC2.96 each. Simultaneously, the bank increased its CFD short position by the same amounts at identical prices, indicating these purchases were offset by opening or enlarging short derivative exposure rather than a straightforward net long position. The announcement confirms no indemnity agreements, options contracts, or other dealing arrangements exist with any party involved in the offer.

Rule 8.3 Filing Triggered by Permanent TSB Offer Period Under Irish Takeover Rules

This filing obligation arises because Permanent TSB Group Holdings plc is subject to an active offer period under the Irish Takeover Rules, 2022, which requires holders of 1% or more of relevant securities to publicly disclose their positions. Société Générale stated it is not an exempt fund manager connected to any offeror or offeree and that this disclosure does not pertain to any other party involved in the offer. The company did not reveal the identity of any offeror in this announcement. No supplemental Form 8 was attached, as the disclosure team confirmed no open stock-settled derivative positions require further reporting at this time.