Cairn Homes founders cash in €24m of shares

Cairn Homes co founders Michael Stanley and Alan McIntosh

Cairn Homes’ co-founders and its former chief operating officer are set to sell €24m of shares in the Irish housebuilder.

Chief executive Michael Stanley, fellow co-founder Alan McIntosh and the recently departed COO Kevin Stanley have announced they are selling 17m shares in the company, representing 2.2% of the company. 

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