Irish Residential Properties REIT Plc Announces Director/PDMR Shareholding

Irish Residential Properties REIT plc, also known as IRES, has publicly disclosed transactions that involve the award of beneficial interest in shares to its top executives, in accordance with Article 19 of the Market Abuse Regulation of the EU. The transactions were reported as initial notifications for both Margaret Sweeney, the Chief Executive Officer, and Brian Fagan, the Chief Financial Officer.

On March 7, 2024, Margaret Sweeney was awarded beneficial interest in 87,251 ordinary shares at an average price of €0.995 per share. Similarly, Brian Fagan received an award for beneficial interest in 35,759 ordinary shares on the same day, also at an average price of €0.995 per share. The transactions took place on Euronext Dublin.

This disclosure is part of the regulatory requirements that mandate notification of transactions by persons discharging managerial responsibilities and people closely associated with them. The disclosed information provides transparency about the dealings of key management personnel in the company’s shares.