Cairn Homes (GB:CRN) has released an update.
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Cairn Homes plc has announced the successful sale of 8 million shares by Michael Stanley at €1.84 per share through an accelerated bookbuild managed by Goodbody Stockbrokers UC. The transaction is set to settle on September 10, 2024, and as a result of the sale, Michael Stanley’s holding in the company will be reduced to approximately 2.3 percent of its issued share capital. The company itself will not receive any proceeds from this share placement.
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