The New Ireland Fund, Inc. Issues Liquidating Distribution
31 Marzo 2023 - 3:00PM
The New Ireland Fund, Inc. (NYSE: IRL) (the "Fund") completed its
liquidation today consistent with its Plan of Liquidation
previously approved by the Fund’s stockholders on January 5, 2023.
Accordingly, on March 31, 2023, the Fund returned to its
stockholders as a liquidating distribution in cash the Fund’s net
asset value per share of $10.43. As previously announced, the Fund
had fixed the close of business on February 28, 2023 as the date
for determining the stockholders of the Fund entitled to receive
liquidating distributions.
Stockholders may recognize gain or loss for U.S.
tax purposes as a result of the Fund’s liquidation. Stockholders
should consult a professional tax advisor regarding their specific
tax situation.
KBI Global Investors (North America) Ltd is 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.
For further information, please contact the Fund
at 1-800-468-6475 or investor.query@newirelandfund.com
Website: www.newirelandfund.com
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