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PTSB Permanent TSB group News Story

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Brief: PTSB CEO: No conversations with potential buyer ahead of sales process

Oct 30 (Reuters) - Permanent TSB Group Holdings PLC PTSB.I analyst call:

PERMANENT TSB CEO:  IF SALE PROCESS PROCEEDS AS ANTICIPATED, BOARD WILL ANNOUNCE SUCCESSFUL BIDDER DURING H1 2026

PERMANENT TSB CEO:  CURRENTLY EXPECTED THAT ANY RECOMMENDED OFFER WOULD BE FOR ENTIRE ISSUED SHARE CAPITAL OF PTSB

PERMANENT TSB CEO: WE WOULD EXPECT IRB MODEL TO COME THROUGH IN 2026, PROGRESSING WELL WITH REGULARTOR

PERMANENT TSB CFO:  SEES TIMING OF IRB MODEL APPROVAL LINING UP WITH SALES PROCESS, ANY BUYER WOULD WANT CLARITY

PERMANENT TSB CEO:  NO CONVERSATIONS TAKING PLACE WITH A POTENTIAL BUYER AHEAD OF DECISION TO LAUNCH FORMAL SALES PROCESS

PERMANENT TSB CEO: AS FAR AS I'M AWARE NO APPROACH HAS BEEN MADE TO THE GOVERNMENT REGARDING ITS MAJORITY STAKE

Further company coverage: PTSB.I

 (Reporting By Padraic Halpin)

 ((Padraic.Halpin@thomsonreuters.com;))

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