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The New Ireland Fund (IRL), Inc. Announces Results of AGM

The New Ireland Fund (NYSE: IRL) announced the re-election of David Dempsey as a Class II Director for a three-year term at its Annual Meeting on June 14, 2022.

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Rhea-AI Summary

The New Ireland Fund (NYSE: IRL) announced the re-election of David Dempsey as a Class II Director for a three-year term at its Annual Meeting on June 14, 2022. The Fund aims for long-term capital appreciation, investing at least 80% of its assets in Irish equity securities. Managed by KBI Global Investors, which is a subsidiary of Amundi Asset Management, the Fund emphasizes a diversified investment approach.

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Positive

  • David Dempsey was re-elected as Class II Director for a three-year term.
  • The Fund invests over 80% of its assets in Irish equity securities, focusing on long-term growth.

Negative

  • None.
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BOSTON, June 21, 2022 (GLOBE NEWSWIRE) -- The New Ireland Fund, Inc. (NYSE: IRL) (the “Fund”) announced today that at its Annual Meeting of Stockholders held on June 14, 2022, David Dempsey was re-elected as a Class II Director of the Fund for a three-year term expiring in 2025.

The New Ireland Fund, Inc. is a diversified, closed-end investment company that seeks long-term capital appreciation through investing at least 80% of its assets in a portfolio of Irish equity securities.

The Fund is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd. (based in Dublin, Ireland). KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europe’s largest asset manager by assets under management.

The Fund is listed on the New York Stock Exchange under the ticker symbol - IRL. For further information, please contact the Fund at 1-800-468-6475 or investor.query@newirelandfund.com

Website: www.newirelandfund.com


FAQ

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Who was re-elected as a director of The New Ireland Fund on June 14, 2022?

David Dempsey was re-elected as a Class II Director for a three-year term.

What is the investment focus of The New Ireland Fund?

The New Ireland Fund invests at least 80% of its assets in Irish equity securities.

Who manages The New Ireland Fund?

The New Ireland Fund is managed by KBI Global Investors, a subsidiary of Amundi Asset Management.

When will David Dempsey's new term as director expire?

David Dempsey's new term as director will expire in 2025.

What is the ticker symbol for The New Ireland Fund?

The ticker symbol for The New Ireland Fund is IRL.

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