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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 €1.84, worth €14.7 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 €54.4 million in the six months that ended June 30 from €24.3 million a year before. Current stock price: 151.18 pence, up 2.0% in London on Monday 12-month change: up 54% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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