Director/PDMR Shareholding

RNS Number : 3543L

Cairn Energy PLC

11 January 2016

 

EMBARGOED FOR RELEASE AT 0900                                                                            11 January 2016

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 8 January 2016, Richard Heaton, Director of Exploration, purchased a total of 40,000 Ordinary Shares of ²³¹/₁₆₉ each in the Company at a price of £1.37 per share. Mr Heaton purchased 20,000 shares and his spouse Janet Barbara Heaton purchased 20,000 shares.

Following this purchase, the above mentioned PDMR's beneficial interests in the Ordinary Shares of the Company are as follows:-

PDMR	Previous Shares	Current Shares	% Issued Share Capital	Outstanding entitlements under 2009 LTIP
				Unvested Awards still subject to performance conditions	Vested but unexercised Awards*
Richard Heaton	738,637	778,637	0.135	1,187,035	29,248

* This column includes all outstanding Awards that have vested following the expiry of the applicable performance period, regardless of whether or not they are currently capable of being exercised under the rules of the 2009 LTIP.

 

END

 

 

RDSAKFDBABKDODK