Irish Residential Properties REIT, which is listed on the stock exchange, now has FMR LLC as a significant shareholder, with the company holding a total of 9.0392% of the voting rights. This change in holdings was the result of an acquisition of shares, rather than through financial instruments or other means.

The shares in question are of the class/type IE00BJ34P519 and amount to 47,869,566 voting rights, representing the entirety of FMR LLC’s interest in the REIT. The previous notification for FMR LLC had them at an ownership of 8.95% of voting rights.

Within the structure of FMR LLC, several entities are part of the chain of control, including Fidelity Management & Research Company LLC and FMR Investment Management (UK) Limited, with the former holding 6.5057% of the voting rights directly.

This notification of major holdings is in compliance with the Transparency (Directive 2004/109/EC) Regulations 2007 as amended, the Central Bank of Ireland’s Transparency Rules, and other regulatory requirements. The details of the notification obligation were completed and disseminated in Dublin on December 18, 2024.

The increase in FMR LLC’s stake in Irish Residential Properties REIT is a notable change in the ownership structure of the company, which investors and the market will be observing for any potential implications.

The information for this article is based on a press release statement from Irish Residential Properties REIT Plc.

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