Sand Grove Capital Acquires Significant Stake in Irish Residential Properties REIT

On October 30, 2026, Irish Residential Properties REIT plc announced a change in shareholding. Sand Grove Capital Management LLP, a London-based investment firm, has acquired a 3.20% stake in the company. This acquisition crossed the threshold of 3% the day before, prompting the notification to the company and the Central Bank of Ireland.

The acquisition involves 16,800,138 voting shares, as stated under the ISIN code IE00BLP58571. There was no involvement of financial instruments in this transaction, and the voting rights percentage now stands at 3.20% post-acquisition.

It is noted in the disclosure that Sand Grove Capital is not influenced by any other entity and does not exercise control over other undertakings with interests in IRES. The notification underscores no financial instruments were used, reaffirming the simplicity of the transaction.