DJ Cairn Homes Plc: Director/PDMR Shareholding
Cairn Homes Plc (CRN)
Cairn Homes Plc: Director/PDMR Shareholding
15-Apr-2024 / 07:00 GMT/BST
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Cairn Homes plc
Director / PDMR Shareholding Notification
Dublin / London, 15 April 2024: Cairn Homes plc ("Cairn" or the "Company"), confirms that the following long term
incentive awards were granted by the Remuneration Committee on 10 April 2024.
The table below sets out the awards granted under Cairn Homes' 2024 Long Term Incentive Plan ("2024 LTIP"):
Director/ PDMR Role No. of Shares Awarded
Michael Stanley Chief Executive Officer 401,448
Richard Ball Chief Financial Officer 472,292
Tara Grimley Company Secretary 94,458
Moreover, the below award granted by the Remuneration Committee to the CEO, on 10 April 2024, represents the second and final award under the terms of the Stretch CEO LTIP:
Director/ PDMR Role No. of Shares Awarded Michael Stanley Chief Executive Officer 3,158,844
The shares granted under the 2024 LTIP were based on the closing price on Euronext Dublin on 9 April 2024, the dealing day immediately preceding the date of grant. The number of shares granted under the Stretch CEO LTIP in FY 2024 is in line with the number of shares granted in FY 2023, as set out in the terms of the Stretch CEO LTIP.
The terms and the associated metrics and targets for each of the 2024 LTIP award and the Stretch CEO LTIP have been disclosed in the Company's 2023 annual report. Further detail regarding the ESG metrics in the 2024 LTIP have been published on the Company's website.
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person closely associated
1
Michael Stanley
a) Name
Reason for the notification
2
Chief Executive Officer / PDMR
a) Position/status
Initial notification
Initial
b) Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
Cairn Homes plc ordinary shares of EUR0.001 each
Description of
the financial
instrument, ISIN: IE00BWY4ZF18
type of
a)
instrument
Identification
code
Conditional grant of awards pursuant to the rules of the Cairn Homes plc Long Term
Incentive Plan, under which shares are granted in the form of a provisional allocation
b) Nature of the of shares, for which no exercise price is payable. The delivery of the shares is
transaction subject to performance conditions set out in the plan rules.
Price(s) Volume(s)
Nil Consideration 401,448
c) Price(s) and
Aggregated
information Not applicable - single transaction
d) - Aggregated
volume
- Price
10 April 2024
Date of the
e) transaction
Outside a trading venue
Place of the
f) transaction
N/A
Additional
g) Information
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person closely associated
1
Richard Ball
a) Name
Reason for the notification
2
Chief Financial Officer / PDMR
a) Position/status
Initial notification
Initial
b) Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
Cairn Homes plc ordinary shares of EUR0.001 each
Description of
the financial
instrument, ISIN: IE00BWY4ZF18
type of
a)
instrument
Identification
code
Conditional grant of awards pursuant to the rules of the Cairn Homes plc Long Term
Incentive Plan, under which shares are granted in the form of a provisional allocation
b) Nature of the of shares, for which no exercise price is payable. The delivery of the shares is
transaction subject to performance conditions set out in the plan rules.
Price(s) Volume(s)
Nil Consideration 472,292
c) Price(s) and
Aggregated
information Not applicable - single transaction
d) - Aggregated
volume
- Price
10 April 2024
Date of the
e) transaction
Outside a trading venue
Place of the
f) transaction
N/A
Additional
g) Information
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person closely associated
1
Tara Grimley
a) Name
Reason for the notification
2
Company Secretary / PDMR
a) Position/status
Initial notification
Initial
b) Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
Cairn Homes plc ordinary shares of EUR0.001 each
Description of
the financial
instrument, ISIN: IE00BWY4ZF18
type of
a)
instrument
Identification
code
Conditional grant of awards pursuant to the rules of the Cairn Homes plc Long Term
Incentive Plan, under which shares are granted in the form of a provisional allocation
b) Nature of the of shares, for which no exercise price is payable. The delivery of the shares is
transaction subject to performance conditions set out in the plan rules.
Price(s) Volume(s)
Nil Consideration 94,458
c) Price(s) and
Aggregated
information Not applicable - single transaction
d) - Aggregated
volume
- Price
10 April 2024
Date of the
e) transaction
Outside a trading venue
Place of the
f) transaction
N/A
Additional
g) Information
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
Details of the person discharging managerial responsibilities/person closely associated
1
Michael Stanley
a) Name
Reason for the notification
2
Chief Executive Officer / PDMR
a) Position/status
Initial notification
Initial
b) Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
Cairn Homes plc
a) Name
635400DPX6WP2KKDOA83
b) LEI
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
Cairn Homes plc ordinary shares of EUR0.001 each
Description of
the financial
instrument, ISIN: IE00BWY4ZF18
type of
a)
instrument
Identification
code
Conditional grant of awards pursuant to the rules of the Cairn Homes plc Stretch CEO
LTIP, under which shares are granted in the form of a provisional allocation of shares,
b) Nature of the for which no exercise price is payable. The delivery of the shares is subject to
transaction performance conditions set out in the plan rules.
Price(s) Volume(s)
Nil Consideration 3,158,844
c) Price(s) and
Aggregated
information Not applicable - single transaction
d) - Aggregated
volume
- Price
10 April 2024
Date of the
e) transaction
Outside a trading venue
Place of the
f) transaction
N/A
Additional
g) Information
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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ISIN: IE00BWY4ZF18 Category Code: DSH TIDM: CRN LEI Code: 635400DPX6WP2KKDOA83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 315433 EQS News ID: 1879863 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
April 15, 2024 02:00 ET (06:00 GMT)
