Capital Group Increases Stake in Cairn Homes Plc

The Capital Group Companies, Inc. has increased its holding in Cairn Homes Plc, surpassing the 4% threshold of total voting rights. The notification, filed on February 19, 2025, indicates that both Capital Group and its affiliate, Capital Research and Management Company, now hold 4.22% of total voting rights each. This marks a rise from their previous position of 3.84%.

The transaction was completed on February 18, 2025. This change underscores a significant acquisition of shares in Cairn Homes, a major player in the housing sector. The exact voting rights acquired amount to 26,170,035 shares, all linked to the ISIN code IE00BWY4ZF18 for common stock.

No financial instruments were reported, indicating a straightforward acquisition of shares. The news was announced via EQS Group, ensuring regulatory compliance and transparency with major shareholding notifications.