Cairn Homes issues new shares under incentive plan

Published 07/04/2025, 07:04
Cairn Homes issues new shares under incentive plan

DUBLIN - Cairn Homes Plc has announced the approval of the issuance of 5,329,015 new ordinary shares as part of its Long Term Incentive Plan. The new shares, each with a nominal value of €0.001, will be allotted to a number of employees upon vesting of share awards.

The company expects the new shares to be admitted to trading on Euronext (EPA:ENX) Dublin and the UK Listing Authority on Tuesday, with the shares ranking equally with the existing shares. This issuance will bring Cairn Homes’ total issued share capital to 625,576,122 ordinary shares.

Cairn Homes, an Irish homebuilder, is known for its commitment to building sustainable new homes in prime locations, with a landbank of approximately 16,150 units, primarily situated in the Greater Dublin Area. The company emphasizes customer service and community-focused design in its development projects.

The information provided in this article is based on a press release statement from Cairn Homes Plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.