Director/PDMR Shareholding

RNS Number : 0873J

Cairn Energy PLC

24 March 2010

 



FOR IMMEDIATE RELEASE                                                                                               24 March 2010

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

Interests of Director in the Company's Shares

Cairn announces that Sir Bill Gammell, Chief Executive, sold 721,042 Ordinary Shares at a price of £4.144 per share on 23 March 2010.  

Following this announcement, Sir Bill Gammell's beneficial interests in the Ordinary Shares of the Company are as follows:-

Director / PDMR	Previous Ordinary Shares	Current Ordinary Shares	% Issued Share Capital	Outstanding Awards under the 2006 LTIP		Outstanding Awards under Replacement LTIP	Outstanding Awards under 2009 LTIP
				Cairn India Units	Ordinary Shares (subject to holding period)*	Ordinary Shares	Ordinary Shares
Sir Bill Gammell	3,931,778	3,210,736	0.229	223,600	226,454	546,291	674,000

*Under the 2006 LTIP, any Ordinary Shares not released immediately on vesting are not beneficially owned by the participant until the expiry of the one year holding period.  As a result, these Ordinary Shares have not been included in the previous or current Ordinary Shares figures in the above table.

 

END

 

 

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