REG-Cairn Homes Plc Cairn Homes Plc: Issue of Equity for Vesting of share awards under the Cairn Homes plc Long Term Incentive Plan

Cairn HomesAnnouncement

04/04/2024 07:00

============

   Cairn Homes Plc (CRN)
   Cairn Homes Plc: Issue of Equity for Vesting of share awards under the
   Cairn Homes plc Long Term Incentive Plan

   04-Apr-2024 / 07:00 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

                                Cairn Homes plc

                           ("Cairn" or the "Company")

                                        

   Issue of Equity for Vesting of share awards under the Cairn Homes plc Long
                              Term Incentive Plan

                                        

   4 April 2024: Cairn Homes plc announces that the Company has approved  the
   allotment of 4,817,522 new ordinary shares  of €0.001 each in the  Company
   (the “Ordinary Shares”)  pursuant to  the vesting  of share  awards for  a
   number of employees under the Cairn Homes plc Long Term Incentive Plan.

   Application has been made  for the new Ordinary  Shares to be admitted  to
   trading on the Official List of  Euronext Dublin and to the Official  List
   of the UK Listing  Authority and it is  expected that admission will  take
   place on 5 April 2024. The new  Ordinary Shares will rank pari passu  with
   the existing shares of  the Company. Following  this allotment, the  total
   issued share capital of the Company will increase to 649,315,071  ordinary
   shares.

    

   For further information, contact:

   Cairn Homes plc +353 1 696 4600

   Tara Grimley, Company Secretary

    

   Notes to Editors

   Cairn Homes plc (“Cairn”)  is an Irish  homebuilder committed to  building
   high-quality, competitively priced, sustainable new homes and  communities
   in great locations. At Cairn, the homeowner  is at the very centre of  the
   design  process.  We  strive  to  provide  unparalleled  customer  service
   throughout each stage  of the  home-buying journey.  A new  Cairn home  is
   expertly designed, with a focus on creating shared spaces and environments
   where communities thrive. Cairn owns a  c. 16,300 unit landbank across  35
   residential development  sites,  over 90%  of  which are  located  in  the
   Greater  Dublin  Area   (“GDA”)  with  excellent   public  transport   and
   infrastructure links.          

   ══════════════════════════════════════════════════════════════════════════

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

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           IE00BWY4ZF18
   Category Code:  IOE
   TIDM:           CRN
   LEI Code:       635400DPX6WP2KKDOA83
   OAM Categories: 2.5. Total number of voting rights and capital
   Sequence No.:   313392
   EQS News ID:    1872809


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    1 fncls.ssp?fn=show_t_gif&application_id=1872809&application_name=news&site_id=refinitiv2

References

   Visible links


============