Irish Residential Properties REIT Reports Changes in Major Holdings

Irish Residential Properties REIT plc (IRES) announced a significant adjustment in its major holdings on March 15, 2024. MPMF Fund Management (Ireland) Limited, managing Irish Residential Properties Sub- Fund 1, reported an acquisition or disposal of voting rights, crossing a threshold on March 14, 2024.

The notification, directed to both the issuer and the Central Bank of Ireland, indicates that the shareholding threshold crossed was 15%, with the resulting situation showing a possession of 14.4% of the voting rights, correlating to 76,075,231 total voting rights of the issuer. This marks a decrease from a previous notification which had reported a possession of 16.3%.

The funds under MPMF's management, specifically Irish Residential Properties Sub- Fund 1, are organized under the umbrella unit trust authorized by the Central Bank of Ireland. CAPREIT Limited Partnership is noted as the shareholder, differing from the entity managing the fund. The geographical base for the fund's management is Dublin, Ireland.