Cairn Homes Plc: Major Change in Shareholding Structure

On July 24, 2024, Cairn Homes Plc announced a change in its major shareholdings. This notification follows a standard form TR-1 issued to both the company and the Central Bank of Ireland. The primary reason for this notification is the acquisition or disposal of voting rights.

The shareholder responsible for this change is Ameriprise Financial, Inc., based in Minneapolis, USA. The threshold was crossed on July 22, 2024, with the form being officially received by Cairn Homes two days later.

Ameriprise Financial, Inc. now holds 4.217% of the voting rights in Cairn Homes, up from a previous 3.977%. This acquisition brings the total number of voting rights held to 27,011,545. No financial instruments or similar economic effects were involved in this transaction.

The notification also provides a breakdown of the full chain of controlled undertakings through which Ameriprise Financial holds its interest, listing multiple Columbia Threadneedle entities. This information ensures transparency and compliance with regulatory requirements.