Cairn Homes plc Holding(s) in Company (5526M)

TIDMCRN

RNS Number : 5526M

Cairn Homes plc

08 January 2019

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 (SEDOL: BWY4ZF1) 
 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: (1) Lansdowne Partners International            City and country of registered office 
             Limited;                                              (if applicable): 
             (2) Lansdowne Partners Limited;                       15 Davies Street, London W1K 3AG 
             (3) Lansdowne Partners (UK) LLP 
                                                                 ------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : HSBC Client 
  Holdings Nominee (UK) Ltd, Morgan Stanley Client Securities Nominees 
  Ltd (Registered Shareholders. 
 5. Date on which the threshold was crossed or reached(vi) : 04/01/2019 
 6. Date on which issuer notified: 08/01/2019 
 7. Threshold(s) that is/are crossed or reached: 7% 
 8. Total positions of person(s) subject to the notification obligation: 
                              % of voting           % of voting rights     Total of both   Total number 
                               rights attached       through financial      in % (9.A +     of voting rights 
                               to shares (total      instruments            9.B)            of issuer(vii) 
                               of 9.A)               (total of 9.B.1 
                                                     + 9.B.2) 
                             --------------------  ---------------------  --------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                          5.33%                 1.85%               7.18%          788,783,171 
                             --------------------  ---------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)                    4.87%                 1.21%               6.08% 
                             --------------------  ---------------------  --------------  ------------------ 
 
 
 
 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                                       42,024,442                                           5.33% 
                                           ---------------------------  -------------------------  ----------------- 
 
 
 SUBTOTAL A                                         42,024,442                                           5.33% 
                                           ---------------------------  -------------------------  ----------------- 
 
 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. 
                     -------------  ----------------------------------  -------------------------  ----------------- 
 
 
 
                                     SUBTOTAL B.1 
                                    ----------------------------------  -------------------------  ----------------- 
 
 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 
 instrument                           Period (xi)                                    rights 
                ------------------  -------------------  -------------------------  ------------- 
      CFD               N/A                 N/A                     CASH              14,574,364         1.85% 
                ------------------  -------------------  -------------------------  ------------- 
 
 
                                                          SUBTOTAL B.2                14,574,364         1.85% 
                                                         -------------------------  ------------- 
 
 
 
 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) : 
 
  Lansdowne Partners International Limited is the parent undertaking of 
  Lansdowne Partners Limited which is the 
  First Corporate Member of Lansdowne Partners (UK) LLP. 
 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 
                          ----------------------  ---------------------  ---------------------- 
 Lansdowne Partners 
  International Limited            5.33%                  1.85%                   7.18% 
                          ----------------------  ---------------------  ---------------------- 
 Lansdowne Partners 
  Limited 
                          ----------------------  ---------------------  ---------------------- 
 Lansdowne Partners 
  (UK) LLP                         5.33%                  1.85%                   7.18% 
                          ----------------------  ---------------------  ---------------------- 
 
 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) : 
 

Done at London on 08/01/2019

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January 08, 2019 12:02 ET (17:02 GMT)