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Cairn Homes Plc — Director's Dealing 2015
Jun 26, 2015
1978_mrq_2015-06-26_8bccb10f-781b-49c5-92d2-bf6dfab4b869.html
Director's Dealing
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RNS Number : 4180R
Cairn Homes plc
26 June 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 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): | ||
| An acquisition or disposal of voting rights | ü | |
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||
| An event changing the breakdown of voting rights | ü | |
| Other (please specify): | ||
| 3. Full name of person(s) subject to the notification obligation: iii | 1Lansdowne Partners International Limited; 2Lansdowne Partners Limited; 3Lansdowne Partners (UK) LLP |
| 4. Full name of shareholder(s) (if different from 3.): iv |
Vidacos Nominees Ltd (Registered Shareholder) |
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 23 JUNE 2015 |
| 6. Date on which issuer notified: | 26 JUNE 2015 |
| 7. Threshold(s) that is/are crossed or reached: vi, vii |
7% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares viii, ix | |||||||
| Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | |||||
| Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x | |||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||
| IE00BWY4ZF18 | 30,138,500 | 30,138,500 | 30,238,500 | 6.44% |
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financial instrument |
Exercise price |
Expiration date xvii |
Exercise/ Conversion period xviii |
Number of voting rights instrument refers to |
% of voting rights xix, xx | |
| Nominal | Delta | |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 30,238,500 | 6.44% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
| Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited which is the First Corporate Member of Lansdowne Partners (UK) LLP. |
| Proxy Voting: | |
| 10. Name of the proxy holder: | |
| 11. Number of voting rights proxy holder will cease to hold: | |
| 12. Date on which proxy holder will cease to hold voting rights: |
| 13. Additional information: | Based on total voting rights of 469,737,228 Done at London (Great Britain) on 26 June 2015 |
| 14. Contact name: | Ruari Paton |
| 15. Contact telephone number: | +44 (0) 20 7290 5500 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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