Cairn Homes Plc Announces CEO Share Purchase

Cairn Homes Plc disclosed a transaction involving Michael Stanley, the company's CEO, purchasing shares as part of his 2023 total bonus award. This move aligns with the company's Remuneration Policy that requires the deferral of a portion of bonus awards into Cairn Homes plc ordinary shares.

The purchase, made on 25 March 2024, involved 130,170 ordinary shares at a price of €1.60 each, amounting to an aggregate cost of €208,272. This transaction took place on the Euronext Dublin platform, further emphasizing the company’s compliance with the Market Abuse Regulation set by the European Union.

Cairn Homes Plc, under the LEI code 635400DPX6WP2KKDOA83, follows strict transparency protocols in declaring transactions of managerial personnel, demonstrating adherence to regulatory requirements and commitment to corporate governance standards.