Cairn Homes (GB:CRN) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Cairn Homes’ CEO, Michael Stanley, is set to sell up to 8 million shares, representing 1.3% of the company, through an accelerated bookbuild managed by Goodbody Stockbrokers. Post-sale, Stanley will retain about 2.3% of the company’s issued share capital, and has agreed not to sell any additional shares for six months. The bookbuild will be open to certain investors, with terms to be finalized by Goodbody and Stanley shortly.
For further insights into GB:CRN stock, check out TipRanks’ Stock Analysis page.
