BlackRock Reduces Stake in Cairn Homes Plc

BlackRock, Inc. has reduced its holdings in Cairn Homes Plc to below 3%, as reported on March 27, 2025. The change, effective since March 26, marks a shift from its previous position of 3.90%. This adjustment includes both direct voting rights and those through financial instruments. BlackRock's attachment to Cairn Homes shares now resides under regulatory notification thresholds, prompting the official communication.

The company based in Wilmington, DE, USA, made this decision involving both equity and financial derivative acquisitions or disposals. The overall voting rights attached to 620,247,107 issued Cairn Homes shares have been adjusted accordingly. BlackRock holds these shares through its extensive chain of controlled undertakings.