Irsa Inversion SEC Filings

IRSA Investments & Representations Inc. insider Eduardo S. Elsztain reported an indirect cashless exercise of warrants into common shares through CRESUD S.A.C.I.F. y A. On May 12, 2026, warrants to purchase 9,710,622 common shares were exercised at a cashless ratio of 1.3398, resulting in 13,010,290 common shares. Following the transactions, indirect holdings reported as common shares were 182,481,277, with Elsztain disclaiming beneficial ownership beyond his pecuniary interest.

IRSA Inversiones y Representaciones reported it has acquired the “Los Gallegos” shopping mall in Mar del Plata through the purchase of 100% of the entities that own the asset. The mall has about 10,500 sqm of gross leasable area with 49 stores, 14 stands, 2 movie theaters, a department store and 115 parking spaces.

The purchase price was USD 13.5 million, of which USD 12.5 million was paid at closing and USD 1 million was retained as collateral. After this transaction, IRSA’s shopping mall portfolio totals 18 assets, 16 of them operated by the company, with more than 400,000 sqm of gross leasable area.

IRSA Inversiones y Representaciones Sociedad Anónima is issuing USD 50 million of Series XXV Notes in the Argentine local market. Investor demand reached a nominal USD 64,496,456, so bids were scaled back using a 60.0614% pro rata allocation factor. The notes carry a 3.75% annual interest rate, priced at 100% of face value, with semiannual interest payments. They will be issued and settled on June 8, 2026 and mature on June 8, 2027, with 100% of principal repaid at maturity. The company plans to use the proceeds mainly to refinance existing liabilities and support working capital in Argentina.

IRSA Inversiones y Representaciones Sociedad Anónima will make a scheduled payment on its Fixed Rate Series XX Notes. On June 10, 2026, the company will pay the fourth installment of interest and capital amortization on notes with a principal amount of USD 23,015,242, issued on June 10, 2024.

The notes carry an annual nominal interest rate of 6.00%. For the period from December 10, 2025 to June 10, 2026, IRSA will pay USD 688,565.60 in interest and USD 23,015,242 in capital, fully covering the outstanding principal. Caja de Valores S.A. acts as payment agent, and payments go to holders of record as of June 9, 2026.

IRSA Investments & Representations Inc CFO Matias Ivan Gaivironsky exercised warrants to acquire additional common shares. On 2026-05-12, he exercised derivative securities that resulted in receiving 174,198 Common Shares through a net, cashless exercise of 130,018 warrants, as described in the footnote.

Following these transactions, his direct holdings in Common Shares increased to 403,985 shares. The filing shows only acquisitions via derivative exercises, with no reported open‑market sales, and all exercised warrants in this filing were fully converted with none remaining outstanding.

IRSA Inversiones y Representaciones reports unaudited results for the nine months ended March 31, 2026, showing higher revenue and a sharp rebound in profitability in hyperinflation-adjusted pesos.

Group revenues reached ARS 464,366 million, up 4.2% year over year, driven mainly by rental and services income of ARS 289,430 million and hotel and tourism revenue of ARS 68,853 million. Adjusted EBITDA rose 3.5% to ARS 212,798 million, while Rental Adjusted EBITDA totaled ARS 232,327 million, including ARS 199,993 million from shopping malls, ARS 16,523 million from offices and ARS 15,811 million from hotels.

Net income for the period was ARS 239,741 million, versus ARS 46,497 million a year earlier, with profit attributable to equity holders of ARS 227,537 million. This swing reflects a positive ARS 30,231 million fair value adjustment on investment properties, net financial income of ARS 78,262 million and the impact of IAS 29 inflation accounting.

IRSA continued active asset management, including new barter and land-sale agreements, the acquisition of the Al Oeste shopping mall and a long-term lease at Soleil Premium Outlet. Operating cash flow reached ARS 118,767 million, while significant investment outlays and financial asset movements reduced cash and cash equivalents to ARS 54,472 million. Total borrowings stood at ARS 896,857 million and total shareholders’ equity at ARS 2,038,249 million.

IRSA Inversiones y Representaciones S.A. reports that certain warrant holders exercised their rights between May 11 and 12, 2026. This exercise will result in the issuance and registration of 35,318,802 ordinary shares, each with a face value of ARS 10, and brought in USD 459,146 to the company.

Following these exercises, IRSA’s ordinary shares outstanding increased from 810,797,120 to 846,115,922. A remaining 149,100 warrants were not exercised and expired on May 12, 2026, closing out this warrant program.

IRSA INVESTMENTS & REPRESENTATIONS INC notified the New York Stock Exchange to remove and withdraw the listing and registration of its warrants to purchase common shares from the Exchange under Section 12(b). The Exchange certified compliance with the procedural rules in 17 CFR 240.12d2-2.

IRSA Inversiones y Representaciones reported a sharp earnings improvement for the first nine months of fiscal 2026, with net income of ARS 239,741 million versus ARS 46,497 million a year earlier and total comprehensive income of ARS 238,297 million.

Shareholders’ equity reached ARS 2,038,249 million as of March 31, 2026, while market capitalization was about USD 1,314 million based on 81,079,712 GDS at USD 16.21 each. Cresud owned 53.44% of share capital, with 26,392,876 warrants still outstanding.

Operationally, Adjusted EBITDA from rental segments was ARS 232,327 million, up 4.6% year over year. The company maintained 100% occupancy in its premium office portfolio, opened a new 15,350 sqm GLA office building at Polo Dot and advanced several development projects in Argentina.