Cairn Homes Plc Announces Change in Major Holdings

Cairn Homes Plc reported a notable change in its major shareholdings, with FIL Limited disclosing a shift in its investment status. The event, which leads to a change in the breakdown of voting rights, was officially notified to the company and the Central Bank of Ireland, adhering to regulatory requirements.

As of April 5, 2024, FIL Limited, based in Pembroke, Bermuda, decreased its combined share and financial instrument holdings, crossing below the 3% threshold. Previously, FIL Limited held 12.59% of voting rights, which has slightly decreased to 12.55%. Specifically, their direct shareholding amounts to 9.56% with an additional 2.99% coming through financial instruments like Contracts for Difference (CFDs).

This adjustment reflects FIL Limited’s overall strategic investment movements and adherence to transparency regulations. It underscores the dynamic nature of large scale investments in publicly traded companies like Cairn Homes Plc. Done at Dublin on April 8, 2024, this notification keeps shareholders and the wider market informed of significant ownership shifts within the company.