Cairn Homes Plc: Secondary Placing Results

Cairn Homes Plc has announced the successful completion of a secondary placing. Michael Stanley sold 8 million shares at €1.84 per share. The transaction was conducted via an accelerated bookbuild through Goodbody Stockbrokers UC.

The settlement of the placing is expected on Tuesday, September 10, 2024. Cairn Homes is not a party to the transaction and will not receive any proceeds. Post-transaction, Michael Stanley retains around 2.3% of the company's issued share capital.

For additional queries, Cairn Homes executives Michael Stanley, Richard Ball, and Stephen Kane are available for contact, as well as representatives from Goodbody and Drury Communications.

This announcement is for information purposes and not an offer or solicitation to sell or purchase securities in specific jurisdictions, including the US, Canada, Australia, Japan, or South Africa.