Cairn Homes Plc Announces Repurchase of Shares

Cairn Homes Plc disclosed a buyback of 100,000 of its ordinary shares on May 14, 2024, which were purchased from two major exchanges: Euronext Dublin and the London Stock Exchange, via Goodbody Stockbrokers UC. The company has confirmed that these shares will be canceled, contributing to a reduction in the total share count.

The distribution between the exchanges was 65,000 shares from Euronext Dublin and 35,000 from the London Stock Exchange. The transactions ranged in price, with the highest at €1.6960 and £1.4540, and the lowest at €1.6680 and £1.4400, on their respective exchanges.

This repurchase is part of a broader share buyback program that Cairn Homes initiated on March 3, 2023. Post-transaction, the total number of shares remaining is 646,615,027. Each of these carries voting rights, and the company reports holding no shares in treasury. Details of these transactions fulfill the regulatory requirements under the EU Market Abuse Regulation.