Cairn Homes plc Holding(s) in Company (4581S)

TIDMCRN TIDM17RL

RNS Number : 4581S

Cairn Homes plc

25 June 2018

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the Central Bank of Ireland)(i) 
 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached(ii) : Cairn Homes PLC 
 2. Reason for the notification (please tick the appropriate box or boxes): 
  [X] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ ] Other (please specify)(iii) : 
 3. Details of person subject to the notification obligation(iv) : 
 Name: Bank of Montreal                  City and country of registered office (if 
                                          applicable): 
                                          Montreal, Canada 
                                        ------------------------------------------------------------------------------ 
 4. Full name of shareholder(s) (if different from 3.)(v) : 
 5. Date on which the threshold was crossed or reached(vi) : 21/06/2018 
 6. Date on which issuer notified: 22/06/2018 
 7. Threshold(s) that is/are crossed or reached: Reaching & crossing the 
  7% threshold 
 8. Total positions of person(s) subject to the notification obligation: 
                     % of voting         % of voting         Total of both   Total number 
                      rights attached    rights               in % (9.A +     of voting rights 
                      to shares (total   through financial    9.B)            of issuer(vii) 
                      of 9.A)            instruments 
                                         (total of 9.B.1 
                                         + 9.B.2) 
                    ------------------  ------------------  --------------  ------------------------------------------ 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached               7.42                0.06              7.48                                      761,672,549 
                    ------------------  ------------------  --------------  ------------------------------------------ 
 Position of 
  previous 
  notification 
  (if applicable)          6.13                0.15              6.28 
                    ------------------  ------------------  --------------  ------------------------------------------ 
 
 
 9. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) : 
 A: Voting rights attached to shares 
 Class/type      Number of voting rights(ix)                             % of voting rights 
 of 
 shares 
 ISIN code (if 
 possible) 
 
                           Direct                     Indirect                     Direct                Indirect 
                                            -------------------------- 
 IE00BWY4ZF18                                56,495,137                                              7.42% 
                                            --------------------------  --------------------------  ---------------- 
 
 
 SUBTOTAL A                                  56,495,137                                              7.42% 
                                            --------------------------  --------------------------  ---------------- 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
 Type of financial    Expiration     Exercise/                           Number of voting            % of voting 
  instrument           date(x)        Conversion Period(xi)               rights that may             rights 
                                                                          be acquired if 
                                                                          the instrument 
                                                                          is exercised/converted. 
                     -------------  ----------------------------------  --------------------------  ---------------- 
 Stock on loan        N/A            N/A                                 472,855                     0.06% 
                     -------------  ----------------------------------  --------------------------  ---------------- 
 
 
                       SUBTOTAL B.1                                      472,855                     0.06% 
                      ------------------------------------------------  --------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Regulation 17(1)(b) of the Regulations 
 Type of         Expiration          Exercise/            Physical or                Number of       % of voting 
  financial       date(x)             Conversion           cash settlement(xii)      voting rights    rights 
  instrument                          Period (xi) 
                ------------------  -------------------  -------------------------  -------------- 
 
 
 
                                                          SUBTOTAL B.2 
                                                         -------------------------  -------------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation (please tick the applicable box): 
 
  [ ] Person subject to the notification obligation is not controlled by 
  any natural person or legal entity and does not control any other undertaking(s) 
  holding directly or indirectly an interest in the (underlying) issuer.(xiii) 
 
  [X] Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) : 
 Name(xv)                % of voting rights      % of voting rights     Total of both if 
                          if it equals or         through financial      it equals or is 
                          is higher than the      instruments if it      higher than the 
                          notifiable threshold    equals or is higher    notifiable threshold 
                                                  than the notifiable 
                                                  threshold 
                        ----------------------  ---------------------  ---------------------- 
 Please see attachment 
                        ----------------------  ---------------------  ---------------------- 
 
 
 
 
 
 11. In case of proxy voting: [name of the proxy holder] will cease to 
  hold [% and number] voting rights as of [date] 
  N/A 
 
 12. Additional information(xvi) : 
 
  Voting rights are held by as discretionary investment manager for our 
  underlying clients 
 

Done in London, England, on 22/06/2018.

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June 25, 2018 05:43 ET (09:43 GMT)