9th Sep 2024 10:11
Cairn Homes PLC - Dublin-based housebuilder - Chief Executive Officer Michael Stanley sells 8.0 million shares, a 1.3% stake, in a secondary market placing at EUR1.84, worth EUR14.7 million, on Thursday last week. The placing is run by Goodbody Stockbrokers LLC. Cairn provides no reason for the share sale. Stanley retains a 2.3% stake. On Wednesday, Cairn reported half-year results, saying pretax profit more than doubled to EUR54.4 million in the six months that ended June 30 from EUR24.3 million a year before. Read More
