JPMorgan Increases Stake in Cairn Homes Plc

On April 16, 2025, JPMorgan Asset Management Holdings Inc. crossed the 7% threshold in voting rights for Cairn Homes Plc. The details were officially notified to the issuer on April 18, 2025. JPMorgan holds 5.36% of voting rights directly through shares and an additional 1.90% through financial instruments, totaling 7.26% of voting rights.

The financial instruments include a 0.78% stake backed by the 'Right to Recall' instrument and a 1.12% through cash settled equity swaps. The total number of voting rights in Cairn Homes amounts to 620,247,107, influencing company decisions.

The establishment of JPMorgan's major holding involves multiple layers of control within its corporate structure, leading up to JPMorgan Asset Management (UK) Limited with 5.05% in direct voting rights. The acquisition highlights JPMorgan's strategic interest in Cairn Homes' operations and future.