FOR IMMEDIATE RELEASE
27 November 2009
CAIRN ENERGY PLC ("Cairn" or "the Company")
Interest of Non-Executive Director
Share Purchase on behalf of Dr James Buckee
Cairn was notified yesterday that a total of 104 Ordinary Shares of 6 2/13 pence each in the Company were purchased on 26 November 2009 on behalf of Dr James Buckee at a price of £29.69832 per Share.
The above purchase follows Dr Buckee's election to receive 100% of his fees in the form of Ordinary Shares and has been made pursuant to an agreement in terms of which Shares are purchased on his behalf on a regular basis in accordance with standing instructions.
Following this announcement the above named Director's beneficial interest in the Ordinary Shares of the Company is as follows:-
Previous Shareholding |
New Shareholding |
% of Issued Share Capital |
3,157 |
3,261 |
0.002 |