Result of Extraordinary General Meeting

12 October 2020

Cairn Homes p.l.c.

Results of EGM

Dublin/London, 12 October 2020: The Board of Directors of Cairn Homes p.l.c. ("Cairn", or the "Company") (Euronext Dublin/LSE: CRN), are pleased to announce that the resolution (the "Resolution") proposed at the Extraordinary General Meeting held in Dublin today to approve the acquisition of the former Esmonde Motors Garage premises and adjoining land located at Stillorgan Road and the Hill, Stillorgan, Dublin from the Emerald Fund ICAV acting on behalf of the sub-fund the Emerald Opportunity Investment Fund, an entity ultimately beneficially owned by Alan McIntosh, has been duly passed.

Full details of the Resolution was set out in the circular published by the Company on 11 September 2020 (the "Circular"). The Circular is available for inspection in electronic form on the Company's website, www.cairnhomes.com as well as the result of the proxy vote lodged in advance of the meeting.

-ENDS-

For more information, please contact:     

Cairn Homes plc                                                                                                                               +353 1 696 4600

Tara Grimley

Notes to Editors              

Cairn Homes plc ("Cairn") is the leading Irish homebuilder committed to building high quality, competitively priced, sustainable new homes in great locations. At Cairn, the homeowner is at the very centre of the design process and we strive to provide an unparalleled customer service throughout each stage of the home-buying journey. A new Cairn home is thoughtfully designed and built to last with a focus on creating shared spaces and environments where communities prosper. Cairn owns a c. 17,000 unit land bank across 35 residential development sites, over 90% of which are located in the Greater Dublin Area ("GDA") with excellent public transport and infrastructure links. Cairn is today building on 15 sites in the GDA, which will deliver over 6,750 new homes.