| 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: Aberdeen Group plc | 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: 08/05/2025 |
| 6. Date on which issuer notified: 09/05/2025 |
| 7. Threshold(s) that is/are crossed or reached: 5% |
| 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 | 5.71 | 0.00 | 5.71 | 35,748,510 |
| Position of previous notification (if applicable) | 5.97 | 0.00 | 5.97 | |
| | | | | | |
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 |
| Aberdeen Group plc | | | |
| abrdn Investments (Holdings) Limited | | | |
| abrdn Investment Management Limited | | | |
| | | | |
| Aberdeen Group 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 (“aI(H)L”) and held by the underlying investment management entity abrdn Investment Management Limited (“aIML”) decreased below the 5% notifiable threshold due to trading on 8 May 2025. Prior to this crossing, aI(H)L effectively held and aIML held 5.051564% of the delegated voting rights. |
Done at Aberdeen on 9 May 2025.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
IE00BWY4ZF18
Issuer Name
Cairn Homes Public Limited Company
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Aberdeen Group plc
City of registered office (if applicable)
Edinburgh
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
08-May-2025
6. Date on which Issuer notified
09-May-2025
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 5.714494 | 0.000000 | 5.714494 | 35,748,510 |
| Position of previous notification (if applicable) | 5.892379 | 0.000000 | 5.892379 | |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| IE00BWY4ZF18 | | 35,748,510 | | 5.714494 |
| Sub Total 8.A | 35,748,510 | 5.714494 |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| | | | | |
| Sub Total 8.B1 | | | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| | | | | | |
| Sub Total 8.B2 | | | |
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
| Ultimate controlling person | Name of controlled undertaking | % 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 |
| Aberdeen Group plc | | | | |
| Aberdeen Group plc | abrdn Investments (Holdings) Limited | | | |
| Aberdeen Group plc | abrdn Investment Management Limited | | | |
| | | | | |
| Aberdeen Group plc | | | | |
| Aberdeen Group plc | abrdn Holdings Limited | | | |
| Aberdeen Group plc | abrdn Investments Limited | | | |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
In reference to Section 9, 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 (“aI(H)L”) and held by the underlying investment management entity abrdn Investment Management Limited (“aIML”) decreased below the 5% notifiable threshold due to trading on 8 May 2025. Prior to this crossing, aI(H)L effectively held and aIML held 5.051564% of the delegated voting rights.
12. Date of Completion
09-May-2025
13. Place Of Completion
Aberdeen, United Kingdom
