Cairn Homes Plc Announced Changes in Major Shareholdings

Cairn Homes Plc, a residential property developer listed on the London Stock Exchange, released a notification concerning significant changes in its shareholding structure. As of December 6, 2024, the company reported that Lansdowne Partners International Limited and its affiliates reduced their voting rights from 4.86% to 3.56%. The notification was provided to Cairn Homes on December 9, 2024.

Based in London, Lansdowne Partners operates through a hierarchy of entities. This reduction signifies a strategic move by the investment firm, marking a material change in the ownership landscape of Cairn Homes Plc. No changes were made via financial instruments, as all changes pertain to direct voting rights.