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topicnews · September 6, 2024

Cairn Homes Plc: Second Placement Results Page 1

Cairn Homes Plc: Second Placement Results Page 1

Cairn Homes Plc (CRN)
Cairn Homes Plc: Second Placement Result

06 September 2024 / 07:00 GMT/BST

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6 September 2024

Cairn Homes plc

Result of the second place

Cairn Homes plc (“Cairn Homes” or the “Company”) was today informed by Michael Stanley that, following the announcement dated 5 September 2024 regarding a proposal by Michael Stanley to sell up to 8.0 million shares in Cairn Homes, it has sold 8.0 million shares at a price of €1.84 per share (the “Placement”).

The placement was carried out through an accelerated bookbuilding process through Goodbody Stockbrokers UC (“Goodbody”).

The Placement is expected to settle on Tuesday, September 10, 2024, on a T+2 basis. The Company is not a participant in the Placement and will not receive any proceeds from the Placement.

Following the placement, Michael Stanley will hold approximately 2.3 percent of the Company’s issued share capital.

For further information please contact:

Cairn Homes plc

Michael Stanley, Chairman

Richard Ball, Chief Financial Officer

Stephen Kane, Director of Corporate Finance and Investor Relations

+353 1 696 4600

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