Significant Shareholding Change in Cairn Homes Plc

Cairn Homes Plc has announced a change in significant shareholding, as per a Standard Form TR-1 notification. The notification, dated October 10, 2024, reveals that the aggregate of abrdn plc affiliated investment management entities has crossed a 6% voting rights threshold in Cairn Homes. The change occurred on October 9, 2024.

The Edinburgh-based abrdn plc now holds 6.16% of the voting rights attached to Cairn Homes shares, up from 5.89%. This adjustment was made through discretionary voting rights managed on behalf of multiple portfolios. The notification reflects a direct shareholding, with no financial instruments involved.

This highlights abrdn plc's growing influence in Cairn Homes, marking a notable change in shareholder composition for the company.