REG-Cairn Homes Plc Cairn Homes Plc: Director/PDMR Shareholding
15/04/2024 07:15
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Cairn Homes Plc (CRN)
Cairn Homes Plc: Director/PDMR Shareholding
15-Apr-2024 / 07:00 GMT/BST
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Cairn Homes plc
Director / PDMR Shareholding Notification
Dublin / London, 15 April 2024: Cairn Homes plc (“Cairn” or the
“Company”), confirms that the following long term incentive awards were
granted by the Remuneration Committee on 10 April 2024.
The table below sets out the awards granted under Cairn Homes’ 2024 Long
Term Incentive Plan (“2024 LTIP”):
Director/ PDMR Role No. of Shares Awarded
Michael Stanley Chief Executive Officer 401,448
Richard Ball Chief Financial Officer 472,292
Tara Grimley Company Secretary 94,458
Moreover, the below award granted by the Remuneration Committee to the
CEO, on 10 April 2024, represents the second and final award under the
terms of the Stretch CEO LTIP:
Director/ PDMR Role No. of Shares Awarded
Michael Stanley Chief Executive Officer 3,158,844
The shares granted under the 2024 LTIP were based on the closing price on
Euronext Dublin on 9 April 2024, the dealing day immediately preceding the
date of grant. The number of shares granted under the Stretch CEO LTIP in
FY 2024 is in line with the number of shares granted in FY 2023, as set
out in the terms of the Stretch CEO LTIP.
The terms and the associated metrics and targets for each of the 2024 LTIP
award and the Stretch CEO LTIP have been disclosed in the Company’s 2023
annual report. Further detail regarding the ESG metrics in the 2024 LTIP
have been published on the Company’s website.
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council
of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person
1 closely associated
Michael Stanley
a) Name
Reason for the notification
2
Chief Executive Officer / PDMR
a) Position/status
Initial notification
Initial Notification
b) Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Cairn Homes plc ordinary shares of €0.001
each
Description of the
financial instrument, ISIN: IE00BWY4ZF18
a) type of
instrument
Identification code
Conditional grant of awards pursuant to the
rules of the Cairn Homes plc Long Term
Incentive Plan, under which shares are
granted in the form of a provisional
b) Nature of the allocation of shares, for which no exercise
transaction price is payable. The delivery of the shares
is subject to performance conditions set out
in the plan rules.
Price(s) Volume(s)
Nil Consideration 401,448
c) Price(s) and volume(s)
Aggregated information Not applicable – single transaction
d) — Aggregated volume
— Price
10 April 2024
e) Date of the transaction
Outside a trading venue
f) Place of the transaction
N/A
g) Additional Information
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council
of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person
1 closely associated
Richard Ball
a) Name
Reason for the notification
2
Chief Financial Officer / PDMR
a) Position/status
Initial notification
Initial Notification
b) Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Cairn Homes plc ordinary shares of €0.001
each
Description of the
financial instrument, ISIN: IE00BWY4ZF18
a) type of
instrument
Identification code
Conditional grant of awards pursuant to the
rules of the Cairn Homes plc Long Term
Incentive Plan, under which shares are
granted in the form of a provisional
b) Nature of the allocation of shares, for which no exercise
transaction price is payable. The delivery of the shares
is subject to performance conditions set out
in the plan rules.
Price(s) Volume(s)
Nil Consideration 472,292
c) Price(s) and volume(s)
Aggregated information Not applicable – single transaction
d) — Aggregated volume
— Price
10 April 2024
e) Date of the transaction
Outside a trading venue
f) Place of the transaction
N/A
g) Additional Information
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council
of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person
1 closely associated
Tara Grimley
a) Name
Reason for the notification
2
Company Secretary / PDMR
a) Position/status
Initial notification
Initial Notification
b) Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Cairn Homes plc ordinary shares of €0.001
each
Description of the
financial instrument, ISIN: IE00BWY4ZF18
a) type of
instrument
Identification code
Conditional grant of awards pursuant to the
rules of the Cairn Homes plc Long Term
Incentive Plan, under which shares are
granted in the form of a provisional
b) Nature of the allocation of shares, for which no exercise
transaction price is payable. The delivery of the shares
is subject to performance conditions set out
in the plan rules.
Price(s) Volume(s)
Nil Consideration 94,458
c) Price(s) and volume(s)
Aggregated information Not applicable – single transaction
d) — Aggregated volume
— Price
10 April 2024
e) Date of the transaction
Outside a trading venue
f) Place of the transaction
N/A
g) Additional Information
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council
of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person
1 closely associated
Michael Stanley
a) Name
Reason for the notification
2
Chief Executive Officer / PDMR
a) Position/status
Initial notification
Initial Notification
b) Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Cairn Homes plc ordinary shares of €0.001
each
Description of the
financial instrument, ISIN: IE00BWY4ZF18
a) type of
instrument
Identification code
Conditional grant of awards pursuant to the
rules of the Cairn Homes plc Stretch CEO
LTIP, under which shares are granted in the
form of a provisional allocation of shares,
b) Nature of the for which no exercise price is payable. The
transaction delivery of the shares is subject to
performance conditions set out in the plan
rules.
Price(s) Volume(s)
Nil Consideration 3,158,844
c) Price(s) and volume(s)
Aggregated information Not applicable – single transaction
d) — Aggregated volume
— Price
10 April 2024
e) Date of the transaction
Outside a trading venue
f) Place of the transaction
N/A
g) Additional Information
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
ISIN: IE00BWY4ZF18
Category Code: DSH
TIDM: CRN
LEI Code: 635400DPX6WP2KKDOA83
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 315433
EQS News ID: 1879863
End of Announcement EQS News Service
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