Cairn Homes Plc: Major Shareholding Update

Cairn Homes Plc has announced a significant development in its shareholdings. According to a regulatory filing on December 9, 2024, Ninety One UK Ltd has acquired over 3% of voting rights in Cairn Homes, crossing a notable threshold. The specific date for this change in ownership was December 6, 2024.

The acquisition involved 21,543,668 shares, representing a 3.4611% stake. No financial instruments were involved, and the threshold crossed was solely due to the acquisition of voting rights attached to these shares. The ownership chain confirms that Ninety One UK Ltd is the key entity holding these rights.

These changes align with regulations requiring disclosure once certain thresholds in shareholding are achieved, ensuring transparency in market activities.