Major Shareholding Update: Cairn Homes Plc

Cairn Homes Plc recently announced a significant change in its shareholding structure. Drumcliffe Fund 1, based in Dublin, Ireland, has acquired 3.00% of the voting rights in the company. This acquisition marks an important shift in the ownership, aligning with Cairn Homes' ongoing share buyback initiative. The notification was made on November 27, 2024, the same day that the threshold was crossed.

Drumcliffe Fund 1 now controls 18,725,000 ordinary shares in Cairn Homes, with no additional voting rights through financial instruments. The total voting rights of the issuer amount to 624,093,041. This acquisition reflects a direct involvement, as Drumcliffe Fund 1 is identified as part of a full chain of controlled undertakings holding significant voting power.