Cairn Homes Plc Announces Share Buyback Transaction on Euronext Dublin and London Stock Exchange

Cairn Homes Plc, on 18 March 2024, executed a buyback of 100,000 of its ordinary shares, distributed between Euronext Dublin and the London Stock Exchange. This move, facilitating the purchase through broker Numis Securities Ltd, entails the cancellation of the acquired shares. The company fulfilled transactions, buying 60,000 shares on Euronext Dublin and 40,000 on the London Stock Exchange, with prices fluctuating between €1.556 to €1.570 and £1.334 to £1.340 respectively.

These actions form an integral component of Cairn Homes Plc’s share buyback program, which was previously announced on 3 March 2023. Following the execution and subsequent annulment of these shares, the total outstanding shares of the company will adjust to 645,487,728. Each of these shares confers one voting right, with the company currently not holding any shares in treasury.

The conduct of this transaction aligns with Regulation (EU) No 596/2014 (Market Abuse Regulation) requirements, showcasing the detailed execution of trades within the share buyback program. Cairn Homes further ensures transparency by providing a precise breakdown of the transactions carried out through Numis Securities Ltd.