REG-Cairn Homes Plc Cairn Homes Plc: Holding(s) in Company

Cairn HomesAnnouncement

10/04/2025 11:15

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Cairn Homes Plc (CRN)
Cairn Homes Plc: Holding(s) in Company

10-Apr-2025 / 11:03 GMT/BST

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Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
Central Bank of Ireland)i
 
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attachedii:

Cairn Homes PLC
2. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[x ] Other (please specify)iii: Drumcliffe Fund 1 has crossed below the 3.0%
threshold in Cairn Homes PLC as a result of the allotment of new shares pursuant
to the vesting of share awards for a number of employees under the Cairn Homes
plc Long Term Incentive Plan.
3. Details of person subject to the notification obligationiv :
Name:                         City and country of registered office (if
                              applicable):
Drumcliffe Fund 1
                              Dublin, Ireland
4. Full name of shareholder(s) (if different from 3.)v:

 
5. Date on which the threshold was crossed or reachedvi:

08 April 2025
6. Date on which issuer notified:

09 April 2025
7. Threshold(s) that is/are crossed or reached:

3.00%
8. Total positions of person(s) subject to the notification obligation:
                                      % of voting
                     % of voting      rights through    Total of  Total number of
                     rights attached  financial         both in % voting rights
                     to shares (total instruments       (9.A +    of issuervii
                     of 9.A)          (total of 9.B.1 + 9.B)
                                      9.B.2)
Resulting situation
on the date on which 2.99%            0.00%             2.99%     625,576,122
threshold was
crossed or reached
Position of previous
notification (if                                                   
applicable)
                                                                   

 

9. Notified details of the resulting situation on the date on which the threshold
was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of      Number of voting rightsix        % of voting rights
shares                                                                     

ISIN code (if            Direct         Indirect         Direct        Indirect
possible)
                                                                           
IE00BWY4ZF18Common 18,725,000         0             2.99%            0
Stock
                                                                      
                                                                      
SUBTOTAL A         18,725,000                       2.99%             
 
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
                                                    Number of voting
Type of financial    Expiration Exercise/           rights that may be   % of
instrument           datex      Conversion Periodxi acquired if the      voting
                                                    instrument is        rights
                                                    exercised/converted.
                                                                          
                                SUBTOTAL B.1                              
 
B 2: Financial Instruments with similar economic effect according to Regulation
17(1)(b) of the Regulations
Type of financial  Expiration   Exercise/    Physical or cash    Number of % of
instrument         datex        Conversion   settlementxii       voting    voting
                                Period xi                        rights    rights
                                                                            
                                             SUBTOTAL B.2                   
                                                                            

 

10. Information in relation to the person subject to the notification obligation
(please tick the applicable box):

 

[ ] Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.xiii

 

[ x] Full chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate controlling
natural person or legal entityxiv:

 
                                        % of voting rights
                  % of voting rights if through financial    Total of both if it
Namexv            it equals or is       instruments if it    equals or is higher
                  higher than the       equals or is higher  than the notifiable
                  notifiable threshold  than the notifiable  threshold
                                        threshold
Drumcliffe Fund 1 2.99%                 NIL                  2.99%
                                                              
                                                              
                                                              
                                                              
 
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and
number] voting rights as of  date 
 
12. Additional informationxvi:

Drumcliffe Fund 1 has crossed below the 3.0% threshold in Cairn Homes PLC as a
result of the allotment of new shares pursuant to the vesting of share awards for
a number of employees under the Cairn Homes plc Long Term Incentive Plan.

 

 

Done at Dublin on 09 April 2025.

 

 

 

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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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   ISIN:           IE00BWY4ZF18
   Category Code:  HOL
   TIDM:           CRN
   LEI Code:       635400DPX6WP2KKDOA83
   OAM Categories: 2.3. Major shareholding notifications
   Sequence No.:   382129
   EQS News ID:    2115390


    
   End of Announcement EQS News Service

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