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IN BRIEF: Cairn’s chief executive sells €7.7 million in shares
ALN
Cairn Homes PLC - Dublin-based housebuilder - Chief Executive Officer Michael Stanley sells 3.5 million shares at €2.20 each on Friday for €7.7 million through a secondary placing settling on Tuesday. Stanley will hold approximately 1.8% of Cairn shares following the transaction.
Current stock price: 187.40 pence, down 3.8% on Friday in London
