Cairn Homes Plc Engages in Share Buyback on Euronext Dublin and London Stock Exchange

Cairn Homes Plc announced that it has executed a share repurchase on 13 March 2024, involving 180,000 of its ordinary shares. This transaction occurred on two significant trading platforms: Euronext Dublin and the London Stock Exchange, through Numis Securities Ltd. The company intends to cancel the repurchased shares.

The breakdown of the transaction was 100,000 shares bought on Euronext Dublin and 80,000 on the London Stock Exchange, with purchasing prices fluctuating between €1.542 and €1.566 per share, and £1.318 and £1.330 respectively. This move is part of Cairn Homes Plc's share buyback programme, officially announced on 3 March 2023.

Following the share cancellation, Cairn Homes Plc will have a revised total of 645,867,728 ordinary shares in issuance. The company confirmed that it does not hold any ordinary shares in treasury. This action aligns with regulatory compliance, specifically Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation).