Ameriprise Financial Acquires 3.241% Stake in IRES

Irish Residential Properties REIT plc (IRES) has received notification from Ameriprise Financial, Inc. regarding a significant acquisition of voting rights. As of January 30, 2025, Ameriprise has crossed the 3% threshold, now holding 3.241% of the voting rights attached to IRES shares. This acquisition is significant, as it represents a major holding in the company.

The U.S.-based Ameriprise Financial, headquartered in Minneapolis, made the formal notification to IRES on February 3, 2025. Currently, Ameriprise's holdings include indirect voting rights of 17,163,919 shares, equating to 3.241% of IRES's total voting rights, which amount to 529,578,946 shares.

This development highlights Ameriprise's growing influence within IRES. The acquisition did not involve financial instruments and there is no previous notification to compare these figures to. The transaction is part of the full chain of controlled undertakings by Ameriprise and its affiliates, including Columbia Threadneedle Management Limited.