FIL Limited Adjusts Stake in Cairn Homes Plc

FIL Limited has announced an adjustment in its holdings in Cairn Homes Plc. The investment management firm made the announcement following an acquisition and disposal of voting rights and financial instruments.

On August 7, 2024, FIL Limited's stake in Cairn Homes crossed the 3% threshold, prompting a notification to the Central Bank of Ireland. The total combined voting rights held by FIL Limited now stand at 12.07%, comprising 9.10% directly through shares and 2.97% through financial instruments.

This development marks a slight reduction from its previous position, where FIL Limited held 12.58% in total, including 9.58% in direct voting rights and 3.00% in financial instruments.

The notification highlights a shift within the permitted regulatory framework, adhering to the Central Bank of Ireland’s Transparency Rules and relevant EU directives.