TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
CAIRN ENERGY PLC |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
ü |
|
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
X |
|
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
X |
|
An event changing the breakdown of voting rights |
X |
|
Other (please specify): |
|
X |
3. Full name of person(s) subject to the notification obligation:
|
Jasmine Fund Pte. Ltd.
|
4. Full name of shareholder(s) (if different from 3.):
|
N/A |
5. Date of the transaction and date on which the threshold is crossed or reached:
|
24-August-2010 |
6. Date on which issuer notified:
|
27-August 2010 |
7. Threshold(s) that is/are crossed or reached:
|
3.00% |
8. Notified details: |
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A: Voting rights attached to shares
|
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Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
|||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||
Ordinary Share GB00B59MW615
|
Below 3.00% |
Below 3.00% |
45,357,364 |
45,357,364 |
N/A |
3.24% |
N/A |
|
B: Qualifying Financial Instruments |
||||
Resulting situation after the triggering transaction
|
||||
Type of financial |
Expiration |
Exercise/ |
Number of voting
|
% of voting |
N/A |
N/A |
N/A |
N/A |
N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
|
||||||
Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
|
|
N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta
|
N/A |
N/A |
Total (A+B+C)
|
|
Number of voting rights |
Percentage of voting rights |
45,357,364 |
= 45,357,364 1,399,178,110 = 3.24% |
9. Chain of controlled undertakings through which the voting rights and/or the |
N/A
|
Proxy Voting:
|
|
10. Name of the proxy holder:
|
Roy Nominees Limited |
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:
|
N/A |
14. Contact name:
|
Stephanie Chai |
15. Contact telephone number:
|
+65 6210 5508 |