Cairn Homes Plc Announces Change in Major Holdings by JPMorgan Asset Management

Cairn Homes Plc disclosed a significant change in shareholdings by JPMorgan Asset Management (JPMAM) on April 18, 2024. JPMAM's voting rights in the company crossed the 4% threshold, reaching 4.81% of total voting rights. This change, which occurred on April 17, 2024, was due to the acquisition of voting rights amounting to 4.64% and financial instruments representing 0.17%.

The total number of voting rights associated with JPMAM's shares was documented as 30,085,976, reflecting a direct voting right percentage of 4.64%. Additionally, JPMAM held financial instruments in the form of cash-settled equity swaps, accounting for a 0.17% voting right, through 1,107,971 shares.

This notification of major holdings was made in alignment with the Standard Form TR-1, necessitating reporting to both the issuer, Cairn Homes Plc, and the Central Bank of Ireland, according to regulatory requirements.