Cairn Homes Plc Announces Significant Shareholding Changes by FMR LLC

Cairn Homes Plc disclosed a major change in shareholdings by FMR LLC, a development that crossed the threshold on 10th April 2024. This notification, mandated under the Standard Form TR-1 for major holdings, outlines an adjustment in voting rights possessed by FMR LLC in the company. After recent transactions, FMR LLC's stake adjusted to 8.94% of Cairn Homes Plc's voting rights, a slight decrease from the previously reported 9.03%.

The reporting followed the acquisition or disposal of voting rights, leading to the crossing of the 9% threshold. FMR LLC, based in Wilmington, USA, now directly controls 58,027,358 voting rights, translating to an 8.94% share in the Dublin-based homebuilding company. However, the report clarified that FMR LLC holds no voting rights through financial instruments.

This change in shareholdings places FMR LLC below their previous position, affecting the overall structure of Cairn Homes Plc's major shareholders. The total number of voting rights in the issuer is reported at 648,841,938, placing FMR LLC's holdings into perspective against the company's broader ownership base.