Norges Bank Acquires Substantial Stake in IRESS

IRESS Limited (AU:IRE) has released an update.

Norges Bank has emerged as a substantial holder in IRESS Ltd, a leading technology company, with a 5.28% voting power through the ownership of 9,866,347 ordinary shares. The acquisition details, which have led Norges Bank to this significant stake, are outlined in an appendix not included in this summary. This strategic financial move underlines Norges Bank’s influence in the financial technology sector, managing funds on behalf of the Government of Norway.

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