FilingReader Intelligence

Norges Bank becomes substantial holder in IRESS

October 20, 2025 at 10:09 AM UTCBy FilingReader AI

Norges Bank, acting as the central bank managing funds for the Government of Norway, became a substantial holder in IRESS Ltd on October 17, 2025. This declaration signifies their acquisition of a relevant interest in 9,924,634 ordinary shares, representing 5.31% of the total voting power in the company.

The relevant interest is held by Norges Bank with discretionary powers to manage monies on behalf of the Government of Norway. The registered holders of these securities include Citicorp Nominees Pty Limited and J.P. Morgan Nominees Australia Ltd.

Over the four months leading up to the substantial holding, Norges Bank engaged in numerous transactions, including both acquisitions ("Buy" and "Collateral Shares Received") and disposals ("Sell" and "Collateral Shares Returned"). Noteworthy transactions include a significant buy of 569,891 shares at AUD 9.3000 on August 8, 2025, and a buy of 500,000 shares at AUD 9.5550 on September 19, 2025. Conversely, large sales included 2,209,180 shares at AUD 9.4417 on August 8, 2025, and 1,060,990 shares at AUD 8.8250 on October 1, 2025. The final recorded "Collateral Shares Received" on October 17, 2025, amounted to 943,579 shares, contributing to their substantial holder status.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:IREAustralian Securities Exchange

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