Cairn Homes plc Admission to the Irish Stock Exchange (0517M)
26 July 2017 - 5:05PM
UK Regulatory
TIDMCRN
RNS Number : 0517M
Cairn Homes plc
26 July 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF
AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF
THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA), CANADA,
AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, SWITZERLAND
OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO
DISTRIBUTE THIS ANNOUNCEMENT
This announcement is not an offer of securities for sale in any
jurisdiction. This announcement is not a prospectus (or prospectus
equivalent document) or an advertisement. Investors should not
subscribe for or purchase any shares in the Company based on this
announcement or the Summary Document published by Cairn Homes plc
on 21 July 2017. Neither this announcement nor any part of it shall
form the basis of or be relied on in connection with or act as an
inducement to enter into any contract or commitment whatsoever. No
reliance may be placed for any purpose on the information contained
in this announcement or its accuracy or completeness. The material
set forth herein is for information purposes only and should not be
construed as an offer of securities for sale in any
jurisdiction.
Cairn Homes plc
Admission to the ISE Official List and to trading on the main
securities market
of the Irish Stock Exchange
26 July 2017
Further to the announcement on 20 July 2017, Cairn Homes plc
("Cairn" or the "Company") is pleased to announce that its entire
issued ordinary share capital consisting of 722,987,257 ordinary
shares (the "Ordinary Shares") has today been admitted to the
Official List of the Irish Stock Exchange (the "ISE Official List")
and to trading on the main market for listed securities of the
Irish Stock Exchange (together "Admission").
Unconditional dealings in the Ordinary Shares commenced on the
Irish Stock Exchange today at 8.00 a.m. The Company's ticker on the
Irish Stock Exchange is 'CRN' and the Company's ticker on the
London Stock Exchange will remain as 'CRN', both with an ISIN of
IE00BWY4ZF18.
The Company is not raising any funds or issuing any new shares
in connection with Admission. No shares will be offered or marketed
to the public in Ireland, the UK or elsewhere in connection with
Admission.
The Summary Document is not a prospectus and has not been
approved by the Central Bank of Ireland or any other regulatory
authority. Copies of the Summary Document are available on the
Company's website (www.cairnhomes.com) and will also be available,
on request, in printed form at the Company's registered office, 7
Grand Canal, Grand Canal Street Lower, Dublin 2, D02 KW81,
Ireland.
Cairn Homes plc
Michael Stanley
Eamonn O'Kennedy +353 1 696 4600
Goodbody
Linda Hickey
Stephen Kane
Gerald Barry +353 1 667 0420
Powerscourt
Justin Griffiths
Nick Dibden +44 20 7250 1446
Drury Communications
Billy Murphy
Morwenna Rice +353 1 260 5000
Notes to Editors
About the Company
Cairn Homes plc is an Irish homebuilder with a highly
experienced management team. The Company is committed to
constructing high quality new homes with an emphasis on design and
innovation in attractive locations to meet sustainable market
demand. Cairn has a land bank of 12,600 units, over 91% of which is
located in the Greater Dublin Area ("GDA"). Currently, Cairn is
active on eight sites in the GDA, which will deliver 3,250
units.
General
Goodbody Stockbrokers UC, trading as Goodbody, ("Goodbody") is
acting as sponsor, under the Irish Stock Exchange Listing Rules, to
the Company in connection with Admission. Goodbody is regulated by
the Central Bank of Ireland. In the UK, Goodbody is authorised and
subject to limited regulation by the Financial Conduct Authority.
Goodbody is acting exclusively for the Company and for no-one else
in connection with Admission and will not be responsible to any
person other than the Company for providing the protections
afforded to its clients or for providing advice to any other person
in relation to Admission or any other matter referred to in this
announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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