Transaction in Own Shares

RNS Number : 3492N

Cairn Energy PLC

25 July 2014

 



FOR IMMEDIATE RELEASE                                                                                          25 July 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 3,366 Ordinary Shares of ²³¹/₁₆₉ pence each in the Company were purchased on 25 July 2014 on behalf of Alexander Berger at a price of £1.814 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
30,009	33,375	0.006

 

END

 

 

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