Cairn Homes Plc Announces Recent Share Buyback Transactions

Cairn Homes Plc has disclosed the purchase of 230,000 of its own ordinary shares on 11 March 2024. These transactions took place on Euronext Dublin and the London Stock Exchange through Numis Securities Ltd. The company aims to cancel these acquired shares. This move is part of Cairn Homes Plc's share buyback programme initiated on 3 March 2023.

On Euronext Dublin, 150,000 shares were purchased, while 80,000 shares were bought on the London Stock Exchange. The highest and lowest prices paid per ordinary share varied between €1.510 and €1.492 on Euronext Dublin, and £1.290 to £1.272 on the London Stock Exchange. The action follows the company's ongoing strategy to manage its share capital actively.

Following the conclusion and annulment of these purchases, the company's total issued ordinary share number will stand at 646,227,728, with each share entitled to one vote. Currently, Cairn Homes Plc does not hold any ordinary shares in treasury. This transaction aligns with regulatory compliance as detailed under the Market Abuse Regulation, with a comprehensive breakdown of the individual trades provided.