Cairn Homes Plc Director Share Transactions
Cairn Homes plc (ISIN: IE00BWY4ZF18) has disclosed transactions made by key managerial personnel, specifically Chief Executive Officer Michael Stanley and Company Secretary Tara Grimley, in compliance with Article 19 of the EU Market Abuse Regulation.
On April 8, 2025, Michael Stanley executed a transaction on Euronext Dublin involving the disposal of 177,240 ordinary shares of Cairn Homes plc at a price of €1.8238 per share. The total value of this transaction amounted to €323,250.31. This disposal was undertaken to settle a tax liability arising from the vesting of 581,695 shares awarded under the Cairn Homes plc Long Term Incentive Plan, which was payable immediately.
Tara Grimley also executed a similar transaction on the same date, disposing of 31,418 ordinary shares at the same price of €1.8238 per share, resulting in a total value of €57,300.15. This transaction was also conducted to cover an immediate tax liability associated with the vesting of 103,112 shares awarded under the Cairn Homes plc Long Term Incentive Plan.
Both transactions involved the disposal of shares to meet tax obligations related to vested shares under the company's Long Term Incentive Plan. The shares in question are Cairn Homes plc ordinary shares with a nominal value of €0.001 each, identified by the ISIN code IE00BWY4ZF18. The transactions took place on Euronext Dublin.
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