Holding(s) in Company

RNS Number : 5507J

Cairn Energy PLC

31 March 2010

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				CAIRN ENERGY PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached					£
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments					£
An event changing the breakdown of voting rights					£
Other (please specify):					£
3. Full name of person(s) subject to the notification obligation: iii		HSBC Holdings Plc
4. Full name of shareholder(s)  (if different from 3.):iv		HSBC Global Asset Management (Hong Kong) Limited HSBC Global Asset Management (France) HSBC Global Asset Management (Singapore) Limited Sinopia Asset Management (UK) Limited Halbis Capital Management (Hong Kong) Limited Halbis Capital Management (UK) Limited HSBC (Hellas) AEDAK HSBC Private Bank (Suisse) SA LOUVRE GESTION SINOPIA ASSET MANAGEMENT HSBC Investment Management HSBC Trustee (Singapore) Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		30rd March 2010
6. Date on which issuer notified:		31st March 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		From 8% to 7%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B59MW615

124,171,757

124,171,757

N/A

N/A

111,164,198

N/A

7.95 %

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

111,164,198

7.95 %

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	None
14. Contact name:	Baljeet Gill
15. Contact telephone number:	020 7991 6555

 

END

 

 

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