BlackRock Reduces Holdings in Cairn Homes Plc

On January 29, 2025, Cairn Homes Plc announced a decrease in major holdings by BlackRock, Inc. The U.S.-based investment company reported that its total holdings in Cairn went below 4%, with voting rights attached to shares dropping to 2.94%, and total voting rights, including financial instruments, falling to 3.90%.

This adjustment followed a client instruction impacting decision-making on voting rights. The total number of voting rights held by the issuer stands at 621,051,046. BlackRock's new position shows a slight decrease from previous notifications, which recorded 3.04% of voting rights attached to shares.

The shift in BlackRock's position reflects a broader strategy influenced by client directives on voting rights. The notification highlights BlackRock's ongoing management of financial holdings and its impact on shareholder voting dynamics.