Cairn Homes Plc, IE00BWY4ZF18

Cairn Homes Plc / IE00BWY4ZF18

23.07.2024 - 18:14:19

Cairn Homes Plc: Holding(s) in Company

Cairn Homes Plc (CRN)


23-Jul-2024 / 17:14 GMT/BST


Standard Form TR-1 Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i
 
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Cairn Homes plc
2. Reason for the notification (please tick the appropriate box or boxes): [x ] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify)iii:  
3. Details of person subject to the notification obligationiv :
Name: Aggregate of abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios City and country of registered office (if applicable): Edinburgh, Scotland  
4. Full name of shareholder(s) (if different from 3.)v:  
5. Date on which the threshold was crossed or reachedvi: 22/07/2024  
6. Date on which issuer notified: 23/07/2024  
7. Threshold(s) that is/are crossed or reached: 4%  
8. Total positions of person(s) subject to the notification obligation:
  % of voting rights attached to shares (total of 9.A) % of voting rights through financial instruments
(total of 9.B.1 + 9.B.2)
Total of both in % (9.A + 9.B) Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached 4.98 0.00 4.98 640,510,455
Position of previous notification (if applicable) 4.11 0.00 4.11  
           
 
9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of
shares ISIN code (if possible)
Number of voting rightsix % of voting rights
  Direct     Indirect     Direct     Indirect  
IE00BWY4ZF18 N/A 31,875,741 N/A 4.98
         
         
SUBTOTAL A   31,875,741   4.98
 
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
Type of financial instrument Expiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
         
         
         
    SUBTOTAL B.1    
 
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument Expiration
datex
Exercise/
Conversion Period xi
Physical or cash settlementxii Number of voting rights % of voting rights
           
           
           
      SUBTOTAL B.2    
                     
 
10. Information in relation to the person subject to the notification obligation (please tick the applicable box):   [ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii   [ x] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:  
Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
abrdn plc      
abrdn Investments (Holdings) Limited      
abrdn Investment Management Limited 4.15 0.000 4.15
       
abrdn plc      
abrdn Holdings Limited      
abrdn Investments Limited      
 
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]    
 
12. Additional informationxvi: In reference to Section 10, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager.   This disclosure reflects the fact that the voting rights effectively held indirectly by the underlying intermediate holding company abrdn Investments (Holdings) Limited (“aIHL”) and held by the underlying investment management entity abrdn Investment Management Limited (“aIML”) increased above the 4% notifiable threshold due to trading on 22 July 2024. aIHL now effectively holds and aIML holds the delegated voting rights to 4.15% of the shares in Cairn Homes plc.  
  Done at Aberdeen on 23 July 2024                                      


Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: IE00BWY4ZF18
Category Code: HOL
TIDM: CRN
LEI Code: 635400DPX6WP2KKDOA83
OAM Categories: 2.3. Major shareholding notifications
Sequence No.: 335993
EQS News ID: 1952497

 
End of Announcement EQS News Service

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