FOR IMMEDIATE RELEASE 13 September 2017
CAIRN ENERGY PLC ("Cairn" or "the Company")
Share Purchase by Non-Executive Director
Cairn announces that on 13 September 2017, Peter Kallos, one of the Company's Non-Executive Directors, purchased 10,982 Ordinary Shares of 231/169 pence each in the Company at a price of £1.8105 per share.
Following this purchase, Mr Kallos' beneficial interest in the Ordinary Shares of the Company is as follows:-
Name of Director
|
Previous Shares |
Current Shares |
% Issued Share Capital |
|
Peter Kallos |
0 |
10,982 |
0.002 |
The following notification is intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Peter Kallos |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Cairn Energy PLC |
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b) |
LEI |
213800ZJEUQ8ZOC9AL24 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 231/169 pence each ("Shares") |
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Identification code |
GB00B74CDH82 |
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b) |
Nature of the transaction |
Purchase |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
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e) |
Date of the transaction |
2017-09-13 |
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f) |
Place of the transaction |
London Stock Exchange |