IN BRIEF: Cairn's chief executive sells EU7.7 million in shares
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
12-month change: up 7.1% in London
By Martin Miraglia, Alliance News reporter