Cairn Homes Plc Shareholding Notification: JPMorgan's Increased Stake

Cairn Homes Plc, a major player in the property development sector, has disclosed a significant update in its shareholding structure as per the Standard Form TR-1 for the notification of major holdings. Notably, JPMorgan Asset Management Holdings Inc. has crossed a threshold with its acquisition of voting rights in the company.

JPMorgan now holds 7.95% of voting rights, having recently acquired additional shares. The direct voting rights attached to shares represent 6.38%, with a further 1.56% held through financial instruments. This change was initially recognized on May 8, 2025, with official notification to Cairn Homes on May 9, 2025.

This strategic move by JPMorgan suggests a strengthening of its position within Cairn Homes' shareholder base, with implications for both entities in the market. The total number of voting rights associated with Cairn Homes is reported at 625,576,122.