Director/PDMR Shareholding

RNS Number : 0447F

Cairn Energy PLC

03 October 2008

 



FOR IMMEDIATE RELEASE

3 October 2008

CAIRN ENERGY PLC ('Cairn' or 'the Company')

Interests of Directors / Persons Discharging Managerial Responsibility ('PDMRs')

Purchase of Shares By Directors and PDMR

Cairn announces that today the following Directors / a PDMR purchased a total of 26,400 Ordinary Shares of 6 2/13 pence per Share in the Company. Details of the purchases are as follows:-

Name of Director	Position	Number of Shares Purchased	Purchase Price per Share
Sir Bill Gammell	Chief Executive	5,000	£18.1617
Dr Mike Watts	Exploration Director	10,000	£18.1617
Malcolm Thoms	Chief Operating Officer	5,500	£18.1617
Jann Brown	Finance Director	1,300	£18.1617
Simon Thomson	Legal & Commercial Director	1,300	£18.1617
Richard Heaton	Head of Exploration	1,300	£18.1617
Iain McLaren	Non-Executive Director	2,000	£18.1617

Following this announcement, the above named Directors'/PDMR's beneficial interests in the Ordinary Shares of the Company are as follows:-

Director / PDMR	New Shareholding	Previous Shareholding	% of Issued Share Capital	Outstanding Awards under 2002 LTIP		Outstanding Awards under 2006 LTIP
				Tier One	Tier Two	Cairn India Units	Capricorn Units
Sir Bill Gammell	421,732	416,732	0.322	30,000	26,400	738,718	1,411,481
Dr Mike Watts	193,383	183,383	0.147	21,800	28,100	269,323	1,543,808
Malcolm Thoms	53,869	48,369	0.041	18,700	22,400	622,673	601,802
Jann Brown	41,434	40,134	0.032	11,800	9,600	384,751	735,147
Simon Thomson	9,403	8,103	0.007	12,500	11,200	192,375	1,102,720
Richard Heaton	63,403	62,103	0.048	11,800	4,600	134,145	1,236,649
Iain McLaren	2,000	-	0.002	-	-	-	-

 

END

 

 

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