Cairn Homes plc Intention to seek Admission to the ISE (6079L)
July 20 2017 - 1:43AM
UK Regulatory
TIDMCRN
RNS Number : 6079L
Cairn Homes plc
20 July 2017
The 'Intention to seek Admission to the ISE' announcement for
Cairn Homes PLC released at 07:00 under RNS No 5667L has been
re-released to facilitate onward transmission by third party
vendors.
The announcement is unchanged and is reproduced in full
below.
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 (as defined below). 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 p.l.c.
Intention to seek Admission to the ISE Official List and to
trading on the main securities market of the Irish Stock
Exchange
20 July 2017
Cairn Homes p.l.c. ("Cairn" or the "Company") is pleased to
announce its intention to seek admission of its entire issued
ordinary share capital (the "Ordinary Shares") 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 ("Main Market") (together "Admission").
The Company will publish a summary document (the "Summary
Document") in connection with the Admission in due course.
Following publication of the Summary Document, it is expected
that Admission will become effective and that unconditional
dealings in the Ordinary Shares on the Main Market will commence at
8.00 a.m. on 26 July 2017. The Ordinary Shares are, and will
remain, listed on the standard listing segment of the Official List
of the Financial Conduct Authority maintained by the UK Listing
Authority and are, and will remain, traded on the London Stock
Exchange's main market for listed securities. No application has
been, or is currently intended to be, made for the Ordinary Shares
to be admitted to listing or dealt with on any other stock
exchange.
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 Company's ticker on the Irish Stock Exchange will be
'CRN' and the Company's ticker on the London Stock Exchange will
remain as 'CRN', both with an ISIN of IE00BWY4ZF18. On Admission,
there will be 722,987,257 Ordinary Shares in issue.
The Summary Document is not a prospectus and has not been
approved by the Central Bank of Ireland or any other regulatory
authority. Following its publication, copies of the Summary
Document will be 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 p.l.c. 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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