Change in Major Holdings in Irish Residential Properties REIT Plc

Irish Residential Properties REIT Plc (IRES) disclosed a notable change in its shareholding structure. The change was triggered by transactions involving MPMF Fund Management (Ireland) Limited, managing the Irish Residential Properties Sub-Fund 1. The fund crossed the threshold on March 15, 2024, leading to a notification requirement to both the issuer and the Central Bank of Ireland. This transaction resulted in a decrease in the fund's voting rights within IRES, moving from a previous notification of 14.4% down to 13.8%. The total number of voting rights associated with this position is based on 73,325,231 ordinary shares.

This adjustment in shareholding was primarily due to an acquisition or disposal of voting rights by CAPREIT Limited Partnership, indicating active portfolio management within the firm. Despite these movements, no financial instruments were engaged to alter the voting right percentages, keeping the investment straightforward in terms of share possession and influence. The total percentage of voting rights now stands at 13.8%, reflecting a slight shift in investor dynamics within the company.