IRSA (NYSE: IRS) director details Form 3 holdings in shares, GDS, warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
IRSA Investments & Representations Inc director Eduardo S. Elsztain filed an initial Form 3 showing his existing ownership in the company’s securities. He reports indirect warrants to purchase 9,710,622 common shares at an exercise price of $0.2641 per share, which are exercisable until May 12, 2026. He also reports direct holdings of 4,487,686 common shares and 518,834 Global Depositary Shares, along with several large indirect stakes in common shares, including one line for 169,470,987 shares. Some indirect positions are held through entities such as IFISA and CRESUD S.A.C.I.F. y A., and he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
ELSZTAIN EDUARDO S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants to Purchase Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Global Depositary Shares (GDS) | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Warrants to Purchase Common Shares — 9,710,622 shares (Indirect, See Footnote);
Common Shares — 4,487,686 shares (Direct);
Global Depositary Shares (GDS) — 518,834 shares (Direct);
Common Shares — 1,294,082 shares (Indirect, See Footnote)
Footnotes (1)
- The reporting person reports the shares held by IFISA due to his control over IFISA. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein Indirect ownership through CRESUD S.A,C,I,F y A. (39,12% equity interest) Exercisable until May 12, 2026.
FAQ
What does Eduardo S. Elsztain’s Form 3 show for IRSA (IRS)?
The Form 3 shows existing ownership by director Eduardo S. Elsztain in IRSA securities, including common shares, Global Depositary Shares, and warrants. It is a baseline disclosure of his positions, not a report of new buying or selling activity.
Does Eduardo S. Elsztain hold IRSA securities directly or indirectly?
He holds IRSA securities in both direct and indirect forms. Direct positions include common shares and Global Depositary Shares, while indirect holdings run through entities such as IFISA and CRESUD S.A.C.I.F. y A., reflecting different ownership structures and control relationships.
What beneficial ownership disclaimers are included in this IRSA Form 3?
The Form 3 states that he reports shares held by IFISA due to his control of that entity but disclaims beneficial ownership of those shares except to the extent of his pecuniary interest. This limits the extent of ownership attributed personally to him.