Cairn Homes Plc: Completion of Secondary Share Placing

Cairn Homes Plc has confirmed the completion of a secondary placing conducted by Michael Stanley, involving the sale of 3.5 million shares at €2.20 each. This transaction, announced on 19 March 2026, was executed via an accelerated bookbuild through Goodbody Stockbrokers UC. Settlement is anticipated on 24 March 2026, with Cairn Homes not participating in or benefiting financially from the placing.

Post-transaction, Stanley retains approximately 1.8% ownership in the company. The offering targeted qualified investors in the EEA and the UK, with no public offering in the US or elsewhere. The shares are not registered under the US Securities Act of 1933 and no prospectus was issued for this placing.