Cairn Homes plc Holding(s) in Company (8058M)

TIDMCRN

RNS Number : 8058M

Cairn Homes plc

13 May 2020

Standard Form TR-1

S tandard 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:                                         City and country of registered office (if 
  The Capital Group Companies,                  applicable): 
  Inc.                                          Los Angeles, California 90071 U.S.A. 
                                              ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : 
  See Box 10 
 5. Date on which the threshold was crossed or reached (vi) : 
  11 May 2020 
 6. Date on which issuer notified: 
  12 May 2020 
 7. Threshold(s) that is/are crossed or reached: The Capital Group Companies, 
  Inc. ("CGC") and Capital Research and Management Company ("CRMC") increased 
  above 6% and 7% of total voting rights - Aggregate of voting rights from 
  shares 
 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                   7.1903 %             0.0000 %          7.1903 %         749,334,063 
                          ------------------  -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)              5.1475 %             0.0000 %          5.1475 % 
                          ------------------  -------------------  --------------  ------------------ 
 
 
 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 
                                                 ----------------------- 
 Ordinary Shares 
  (ISIN: IE00BWY4ZF18)                            53,879,000                                         7.1903 % 
                                                 -----------------------  ------------------------  ---------------- 
 
 
 SUBTOTAL A                                       53,879,000                                         7.1903 % 
                                                 -----------------------  ------------------------  ---------------- 
 
 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             rights that may            rights 
                                             (xi)                          be acquired if 
                                                                           the instrument 
                                                                           is exercised/converted. 
                             ------------  -----------------------------  ------------------------  ---------------- 
 N/A 
                              ------------------------------------------  ------------------------  ---------------- 
 
 
                               SUBTOTAL B.1 
                              ------------------------------------------  ------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Regulation 17(1)(b) of the Regulations 
 Type of financial       Expiration         Exercise/         Physical                  Number of    % of voting 
  instrument              date (x)           Conversion        or cash settlement       voting        rights 
                                             Period (xi)       (xii)                    rights 
                        -----------------  ----------------  ------------------------  ----------- 
 N/A 
                                                 ----------  ------------------------  ----------- 
 
 
                                                              SUBTOTAL B.2 
                                                             ------------------------  ----------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation 
 
  [ ] 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 
                              ---------------------------  ---------------------  ---------------------- 
 The Capital Group 
  Companies, Inc. 
  Holdings by CG Management 
  companies are set 
  out below:                            7.1903 %                  0.0000 %               7.1903 % 
                              ---------------------------  ---------------------  ---------------------- 
 Capital Research 
  and Management Company(1)             7.1903 %                  0.0000 %               7.1903 % 
                              ---------------------------  ---------------------  ---------------------- 
 SMALLCAP World Fund,          See additional information 
  Inc (SCWF)(2)                           below 
                                        (box 12) 
                              ---------------------------  ---------------------  ---------------------- 
      1. Wholly owned subsidiary of The Capital Group Companies, Inc. 
       2. Mutual fund managed by Capital Research and Management Company. 
-------------------------------------------------------------------------------------------------------- 
 11. In case of proxy voting: [name of the proxy holder] will cease to 
  hold [% and number] voting rights as of [date] 
 
 12. Additional information (xvi) : 
  The Capital Group Companies, Inc. ("CGC") is the parent company of Capital 
  Research and Management Company ("CRMC") and Capital Bank & Trust Company 
  ("CB&T"). CRMC is a U.S.-based investment management company that serves 
  as investment manager to the American Funds family of mutual funds, other 
  pooled investment vehicles, as well as individual and institutional clients. 
  CRMC and its investment manager affiliates manage equity assets for various 
  investment companies through three divisions, Capital Research Global 
  Investors, Capital International Investors and Capital World Investors. 
  CRMC is the parent company of Capital Group International, Inc. ("CGII"), 
  which in turn is the parent company of four investment management companies 
  ("CGII management companies"): Capital International, Inc., Capital International 
  Limited, Capital International Sàrl and Capital International K.K. 
  CGII management companies and CB&T primarily serve as investment managers 
  to institutional and high net worth clients. CB&T is a U.S.-based investment 
  management company that is a registered investment adviser and an affiliated 
  federally chartered bank. 
  Neither CGC nor any of its affiliates own shares of Cairn Homes plc for 
  its own account. Rather, the shares reported on this Notification are 
  owned by accounts under the discretionary investment management of one 
  or more of the investment management companies described above. 
  SMALLCAP World Fund, Inc. (" SCWF") is a mutual fund registered in the 
  United States under the Investment Company Act of 1940. SCWF is the legal 
  owner of 46,669,000 (6.2281% of outstanding shares). SCWF has granted 
  proxy voting authority to its investment adviser CRMC. 
 

Done at Los Angeles, California on 12 May 2020

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May 13, 2020 08:09 ET (12:09 GMT)