FOR IMMEDIATE RELEASE 28 November 2014
CAIRN ENERGY PLC ("Cairn" or "the Company")
Interests of PDMR in the Company's Shares
Share Purchase by Director of Exploration
Cairn announces that on 28 November 2014, Richard Heaton, Director of Exploration, purchased a total of 100,000 Ordinary Shares of 231/169 each in the Company at a price of £1.611 per share. Mr Heaton purchased 50,000 shares and his spouse Janet Barbara Heaton purchased 50,000 shares.
Following this purchase, the above mentioned PDMR'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 2009 LTIP |
|
|
|
|
Ordinary Shares
|
Richard Heaton
|
604,321 |
704,321 |
0.122 |
886,949 |