Director/PDMR Shareholding

RNS Number : 4563Y
Cairn Energy PLC
24 January 2014
 



 

 

 

FOR IMMEDIATE RELEASE                                                                                   24 January 2014

 

 

CAIRN ENERGY PLC ("Cairn" or "the Company")

 

Interest of Non-Executive Director

 

Share Purchase on behalf of Alexander Berger

 

 

Cairn was notified today that a total of 2,372 Ordinary Shares of 231/169 pence each in the Company were purchased on 24 January 2014 on behalf of Alexander Berger at a price of £2.575 per Ordinary Share.

 

The above purchase follows Mr Berger'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

 

10,979

13,351

0.002

 

 


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