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Shareholder Centre
Investment Information

Reports and Presentations
Share Information
Substantial Shareholdings
Holder Notified Holding Percentage Of Current Ordinary Shares In Issue
Fidelity Investments Limited 72,554,015 11.53%
Fidelity Management & Research Company 44,072,061 6.99%
JPMorgan Asset Management (UK) Limited 39,742,037 6.32%
abrdn plc 38,831,607 6.16%
Ameriprise Financial 31,591,441 5.03%
The Capital Group Companies, Inc. 31,452,000 5.00%
Lansdowne Partners International Ltd 30,529,938 4.86%
BlackRock, Inc. 29,164,370 4.62%
T. Rowe Price Associates, Inc 24,435,483 3.97%

Last updated as of 12 November 2024

 

Ordinary Shares in Issue

 

 

Number

Nominal Value

Authorised Share Capital - Ordinary Shares of €0.001 each

1,000,000,000

€1,000,000

Issued Share Capital - Ordinary Shares of €0.001 each

627,832,230

€627,832
As of 31 October 2024, the number of ordinary shares in issue was 627,832,230

*Updated monthly in accordance with disclosures required by the Transparency Directive.

 

Share Series
Dividends

Cent per share

Interim / Final

Period End

Paid/Payable

Record Date

3.80

Interim

30 June 2024

4 October 2024

13 September 2024

3.20

Final

31 December 2023

17 May 2024

26 April 2024

3.10

Interim

30 June 2023

6 October 2023

15 September 2023

3.10

Final

31 December 2022

16 May 2023

21 April 2023

3.00

Interim

30 June 2022

7 October 2022

16 September 2022

2.80

Final

31 Dec 2021

17 May 2022

22 April 2022

2.66

Interim

30 June 2021

8 October 2021

17 September 2021

2.50

Interim

30 June 2019

18 October 2019

20 September 2019
Company Announcements
Corporate Governance

Cairn Homes plc (‘Cairn’) is committed to maintaining the highest standards of corporate governance and is compliant with the Financial Reporting Councils 2018 UK Corporate Governance Code and the Irish Corporate Governance Annex published by Euronext Dublin.

The Company has a strong Board comprising eight Board members, two Executive and six Non-Executive Directors, who have held senior positions in a number of public and private companies and who bring a wealth of property and public company experience. 

The Board is responsible for providing governance and stewardship to the Company as well as providing leadership, oversight, development and driving the long-term success of the Company. It is also committed to ensuring that the appropriate culture, values and behaviours exhibited throughout the organisation are fully aligned to the Company’s purpose. There is a formal schedule of matters reserved to the Board for consideration including:

  • Board composition
  • Strategic planning
  • Structure and capital considerations, including approval of major capital projects
  • Approval of the annual budget
  • Approval of Trading Statements, Interim Results, Preliminary Results and Annual Reports
  • Approval of the Group’s risk management frameworks
  • Setting the Remuneration Policy
  • Approval of core policies applicable to the Group

The Board has delegated some of its responsibilities to Committees of the Board, namely the Audit & Risk Committee, Remuneration Committee and Nomination Committee.

The Board has established an Audit & Risk Committee with formally delegated duties and responsibilities. The Audit & Risk Committee is chaired by Gary Britton and its membership includes Linda Hickey, Julie Sinnamon and Orla O’Gorman.

The Audit & Risk Committee will meet at least four times each year and will be responsible for ensuring the financial performance of the Company is properly reported on and monitored, including reviews of the annual and interim accounts, results announcements, internal control systems and procedures and accounting policies, as well as keeping under review the categorisation, monitoring and overall effectiveness of the Company’s risk management framework and internal control processes. Full details of the responsibilities of the Audit & Risk Committee are available in its Terms of Reference, available to download below.

Audit & Risk Committee Terms of Reference

The Remuneration Committee is chaired by Linda Hickey and its membership includes Gary Britton and Giles Davies. It is expected to meet at least four times per year. The Remuneration Committee has responsibility for determining, within its agreed terms of reference, the Group’s policy on the remuneration of senior executives and specific remuneration packages for Executive Directors and the Chairman. It is also responsible for making recommendations for grants of awards under share-based schemes for Group employees. The remuneration of Non-Executive Directors is a matter for the Board. 

No Director may be involved in any discussions as to their own remuneration. Full details of the responsibilities of the Remuneration Committee are available in its Terms of Reference, available to download below.

Remuneration Committee Terms Of Reference

The Nomination Committee is chaired by Julie Sinnamon and its membership includes Giles Davies and Orla O’Gorman. The Nomination Committee is expected to meet at least twice a year.

The Nomination Committee is responsible for reviewing, within the agreed terms of reference, the structure, size and composition of the Board, undertaking succession planning, leading the process for new Board appointments and making recommendations to the Board on all new appointments and re-appointments of existing Directors. Orla O’Gorman is currently fulfilling the role of Workforce Engagement Director and reports on his activities through this Committee. Full details of the responsibilities of the Nomination Committee are available in its Terms of Reference, available to download below.

Nomination Committee Terms Of Reference

John Reynolds

John Reynolds

Chairman

John Reynolds was previously Chief Executive Officer of KBC Bank Ireland plc (2009 to 2013) and President of the Irish Banking Federation (2012 to 2013), during which time he was also a board member of the European Banking Federation. John is a Chartered Director, an Economics graduate of Trinity College Dublin, and holds a Master’s degree in Banking and Finance from UCD.

President of the Institute of Directors Ireland, Non-Executive Director of Computershare Investor Services (Ireland) Limited and the National Concert Hall and Senior Advisor in Alantra Credit Portfolio Advisors. John is also a Patron of Chapter Zero Ireland, an entity promoting Board engagement with climate change risk. John was also formerly a Non-Executive Director of Business in the Community Ireland.

Michael Stanley

Michael Stanley

Chief Executive Officer

Michael Stanley co-founded Cairn Homes plc and was appointed CEO prior to the IPO in June 2015. Michael has a strong pedigree in residential development and the broader property industry. He was previously CEO of Stanley Holdings, a large Irish homebuilder and real estate investment company. Michael also has extensive experience in the packaging, energy, agritech and healthcare sectors.

None.

Richard Ball

Richard Ball

Chief Financial Officer

Richard was previously Partner in Urbeo Residential, one of Ireland’s leading residential property businesses. Prior to that, he was Chief Investment Officer at Hibernia REIT plc, an Irish real estate company for a period of five years from its IPO. Richard also held several corporate finance roles at various organisations including at commercial property company, Clancourt Group.

None.

Gary Britton

Gary Britton

Non-Executive Director

Gary Britton was previously a partner in KPMG where he served in a number of senior positions, including the firm’s Board, the Remuneration and Risk Committees and as head of its Audit Practice. Gary was formerly a non-executive director of the Irish Stock Exchange plc and KBC Bank Ireland plc. Gary is a fellow of Chartered Accountants Ireland and a member of the Institute of Directors in Ireland.

Chairman of Origin Enterprises plc.

Linda Hickey

Linda Hickey

Non-Executive Director

Linda Hickey was previously Head of Corporate Broking at Goodbody Stockbrokers, where she worked for fifteen years, and where she advised clients on a range of capital markets and corporate governance matters. Prior to this, Linda worked at both NCB Stockbrokers in Dublin and Merrill Lynch in New York. Linda also has a degree in Business Studies from Trinity College Dublin. Linda was also formerly Chair of the Irish Blood Transfusion Service.

Non-Executive Director at Kingspan Group plc and Greencore Group plc; Member of Quanta Capital Advisory Board.

Giles Davies

Giles Davies

Non-Executive Director

Giles Davies qualified as a chartered accountant with PwC in London and spent five years in management consultancy in London and New York. He went on to found Conservation Capital, a leading international practice in the emerging field of conservation enterprise, ESG and related investment financing. He previously served as Non-Executive Chairman of Wilderness Scotland, Non-Executive Chairman of Capital Management & Investment plc, and as a Non-Executive Director of Algeco Scotsman Group.

None.

Orla O’Gorman

Orla O’Gorman

Non-Executive Director

Orla O’Gorman spent seven years at the Irish Stock Exchange (“ISE”), where she was Head of Equity. She was centrally involved in the sale of the ISE to Euronext in 2018 and, following that transaction, was appointed as Head of Listing for UK and Ireland. Prior to joining the ISE, Orla founded OR Associates, and previously held senior management positions at Eurologic Systems, ABN AMRO and PwC. Orla is a qualified accountant, holds a Bachelor of Commerce from University College Dublin and a Master of Accounting from UCD Smurfit School.

Non-Executive Director of Elite SpA and Cubic Telecom. Member of Elkstone Ventures Advisory Board, Scale Ireland Steering Group, Chartered Accountants Ireland Ethics and Governance Committee and Sustainability Expert Working Group and Chapter Zero Ireland.

Julie Sinnamon

Julie Sinnamon

Non-Executive Director

Julie Sinnamon brings deep experience in assisting Irish businesses to grow and scale having had a highly successful career at Enterprise Ireland where she held a number of senior roles including the position of CEO from 2013 until her retirement in 2021. Julie is a business graduate of the University of Ulster, holds a Master’s in International Business from Fordham University, USA and is a graduate of the Stanford Executive Programme, USA.

Chair of European Movement Ireland, Co-Chair of Balance for Better Business, Director of PwC Ireland Public Interest Body, The Agricultural Trust, Social Entrepreneurs Ireland and The Young Scientist & Technology Exhibition. Member of the Investment Committee of the Irish Strategic Investment Fund and a member of the Irish Government’s Climate Change Advisory Council.

General Meetings

Please find below all information relating to our AGMs, including all relevant documentation.

Cairn Homes plc Annual General Meeting (‘AGM’) was held at 12:00 noon on Friday, 10 May 2024 in The Merrion Hotel, Merrion Street Upper, Dublin 2, D02KF79.

    1. Letter from the Chairman and Notice of AGM
    2. Sample Form of Proxy
    3. 2023 Annual Report 
    4. Total Number of Shares and Voting Rights
    5. Constitution (Redline)
    6. Constitution (Clean)
    7. 2024 Long Term Incentive Plan Award Metrics & Targets
    8. 2024 AGM Proxy Vote Result

Cairn Homes plc held its Annual General Meeting (‘AGM’) at 10:00 a.m. on Thursday, 11 May 2023 in The Merrion Hotel, Merrion Street Upper, Dublin 2, D02KF79.

        1. Letter from the Chairman and Notice of AGM 
        2. Sample Form of Proxy 
        3. 2022 Annual Report 
        4. Total Number of Shares & Voting Rights 
        5. 2023 LTIP Disclosure
        6. 2023 AGM Voting Results

Cairn Homes plc held its Annual General Meeting (‘AGM’) at 11:00 a.m. on Thursday, 12 May 2022 in The Merrion Hotel, Merrion Street Upper, Dublin 2, D02KF79.

  1. Letter from the Chairman and Notice of AGM
  2. Sample Form of Proxy
  3. 2021 Annual Report
  4. Total Number of Shares and Voting Rights
  5. 2022 LTIP Disclosure
  6. AGM Proxy Vote Results

Cairn Homes plc hosted its Annual General Meeting (‘AGM’) at 7 Grand Canal, Grand Canal Street Lower, Dublin 2, D02 KW81 at 11:00 a.m. on Tuesday, 18 May 2021. As shareholders are requested not to attend the meeting in person, a teleconference facility was created and was accessible using the below details. Furthermore, proxy voting instructions for the AGM were also available through the link below.

 

Participant Dial-in Details:

Ireland – Toll Free 1800 94 8271

Ireland (Local) 0153 695 84

United Kingdom – Toll Free 0800 640 6441

United Kingdom (Local) 020 3936 2999

United States – Toll Free 1 855 9796 654

United States (Local) 1 646 664 1960

All other locations +44 20 3936 2999

Access code: 893676

 

The Company held its 2020 AGM on Wednesday, 20 May 2020 at 11am in 7 Grand Canal, Grand Canal Street Lower, Dublin 2, D02 KW81

  1. Letter from the Chairman and Notice of AGM
  2. Sample Form of Proxy
  3. 2019 Annual Report
  4. Total Number of Shares and Voting Rights
  5. 2020 AGM Proxy Vote Results
  6. Additional Remuneration Policy Disclosure

The Company held its 2019 AGM on Wednesday, 22 May 2019 at 11am in The Marker Hotel, Grand Canal Square, Dublin 2.

  1. Letter from the Chairman and Notice of AGM
  2. Sample Form of Proxy 
  3. 2018 Annual Report
  4. Total Number of Shares and Voting Rights
  5. 2019 AGM Proxy Vote Results

The Company held its 2016 AGM on Tuesday, 10 May 2016 at 11am in The Westbury Hotel, Grafton Street, Dublin 2.

  1. Letter from the Chairman and Notice of AGM
  2. Sample Form of Proxy
  3. 2015 Annual Report

Please find below all information relating to our EGMs, including all relevant documentation.

The Company held an Extraordinary General Meeting on Thursday 31 August 2023 at 10:00am in the Company’s registered offices at 45 Mespil Road, Dublin 4, Ireland.

1. Letter from the Chairman and Notice of EGM.

2. Sample Form of Proxy

3. EGM Proxy Vote Results

4. 2023 EGM Update Statement

The Company held an Extraordinary General Meeting on Monday, 12 October 2020 at 11am in the Company’s registered offices.

  1. Letter from the Chairman and Notice of EGM
  2. Sample Form of Proxy
  3. 2020 EGM Proxy Vote Results

The Company held an Extraordinary General Meeting on Tuesday, 26 February 2019 at 11am in The Marker Hotel, Grand Canal Square, Dublin 2.

  1. Letter from the Chairman and Notice of EGM
  2. Sample Form of Proxy
  3. EGM Proxy Vote Result
Dematerialisation of Irish securities

An important change will take place on 1 January 2025 that will impact all shareholders holding Irish securities in public limited companies whose shares are traded on a UK or EU Market in certificated form, like Cairn Homes plc.

Effective from the above date, share certificates for relevant Irish public limited companies will no longer be issued or valid as evidence of title and entries on the shareholder register will be replaced and recorded electronically by book-entry record – a process known as Dematerialisation.

Shareholders do not need to take any action to effect the Dematerialisation of their shareholding and our share registrar, Computershare Investor Services (Ireland) Limited, will be managing the process.

For the avoidance of doubt, whilst paper share certificates will no longer be valid, the number of shares which a shareholder holds as of 1 January 2025 on the Company's register will remain the same following Dematerialisation.

To evidence ownership of shares after Dematerialisation becomes effective, shareholders with access to the internet can check their balance or download a Statement of Holding (as required) on the records of the registrar at any time by logging into Computershare’s investor platform via www.investorcentre.com/ie. If a shareholder does not yet have access to the above platform, it is recommended to take steps to sign up now, ahead of the implementation date of the new arrangements. Shareholders who are unable to access Investor Centre can contact Computershare to obtain a confirmation of their up-to-date balance.

Find out more about Dematerialisation by reading the Frequently Asked Questions.

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