FOR IMMEDIATE RELEASE 25 November 2011
CAIRN ENERGY PLC ("Cairn" or "the Company")
Interest of Non-Executive Director
Share Purchase on behalf of Dr James Buckee
Cairn was notified today that a total of 1,752 Ordinary Shares of 8/13 pence each in the Company were purchased on 25 November 2011 on behalf of Dr James Buckee at a price of £2.6388 per Share.
The above purchase follows Dr Buckee's election to receive 100% of his fees in the form of Ordinary Shares and has been made pursuant to an agreement in terms of which shares are purchased on his behalf on a regular basis in accordance with standing instructions.
Following this announcement the above named Director's beneficial interest in the Ordinary Shares of the Company is as follows:-
Previous Shareholding |
New Shareholding |
% of Issued Share Capital
|
54,850 |
56,602 |
0.004 |