The New Ireland Fund Announces Annual Meeting of Stockholders to be held Virtually
Rhea-AI Summary
The New Ireland Fund (NYSE: IRL) announced its annual stockholders' meeting scheduled for June 9, 2020, at 9 a.m. ET, to be held virtually due to COVID-19. Only stockholders of record as of May 4, 2020 can participate. The meeting will include the election of one director. As a closed-end non-diversified investment company, the Fund aims for long-term capital appreciation through investments in Irish securities, managing at least 80% of its assets in this portfolio.
Positive
- The Fund aims for long-term capital appreciation through investments in Irish securities.
- At least 80% of the Fund's assets are committed to Irish securities, focusing investment strategy.
Negative
- None.
News Market Reaction – IRL
On the day this news was published, IRL declined 1.32%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
On Tuesday, June 9, 2020
BOSTON, May 08, 2020 (GLOBE NEWSWIRE) -- The New Ireland Fund, Inc. (the “Fund”) (NYSE: IRL) announced that the Fund’s annual meeting of stockholders will be held on Tuesday, June 9, 2020 at 9 a.m., Eastern time, by virtual means over the Internet.
Only stockholders of record at the close of business on Monday, May 4, 2020 are entitled to notice of, and to vote at, the Meeting or at any adjournments thereof. Due to the public health impact of the Coronavirus, or COVID-19, and to support the health and well-being of our stockholders, service providers, personnel and other stakeholders, the Meeting will be held solely by virtual means over the Internet. Stockholders of record on the record date may attend, participate in and vote at the Meeting by visiting the website set out in the proxy materials sent to stockholders.
At the annual meeting, stockholders will be asked to consider one nominee for election as a director of the Fund. A copy of the proxy materials is available on the Fund’s website - https://www.newirelandfund.com/proxy_materials_D1.html
Investment Objective: The New Ireland Fund, Inc. (NYSE: IRL), a closed-end non-diversified investment company, seeks long-term capital appreciation through investment of at least
The New Ireland Fund, Inc. is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd, and is listed on the New York Stock Exchange under the ticker symbol IRL. For further information, please contact the Fund at (800) 468-6475 or investor.query@newirelandfund.com Website: newirelandfund.com
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