Major Interest Company CNE
Cairn Energy PLC
03 January 2008
Form TR-1 with annex. FSA Version 2.1 updated April 2007
For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying Cairn Energy plc
issuer of existing shares to which voting --------------------
rights are attached:
------------------------------
2. Reason for notification (yes/no)
------------------------------------------------
--------
An acquisition or disposal of voting rights Yes
------------------------------------------ --------
An acquisition or disposal of financial instruments which may
result in the acquisition of shares already issued to which voting --------
rights are attached
------------------------------------------
An event changing the breakdown of voting rights
------------------------------------------ --------
Other (please specify):______________
------------------------------------------ --------
3. Full name of person(s) subject to Baillie Gifford & Co
notification obligation: ------------------------
--------------------------
4. Full name of shareholder(s) (if
different from 3): ------------------------
--------------------------
5. Date of transaction (and date on 28-Dec-07
which the threshold is crossed or ------------------------
reached if different):
--------------------------
6. Date on which issuer notified: 31-Dec-07
-------------------------- ------------------------
7. Threshold(s) that is/are crossed or 11%
reached: ------------------------
--------------------------
8: Notified Details
A: Voting rights attached to shares
Class/type Situation previous Resulting situation after the triggering
of shares to the triggering transaction
transaction
If possible
use ISIN Number of Number Number of Number of voting Percentage of
code shares of shares rights voting rights
voting
rights Direct Indirect Direct Indirect
Ordinary 14340885 10.97 14502349 14502349 11.09
Share
GB00B1RZDL64
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ No. of voting rights that may Percentage
financial date conversion be acquired (if the instrument of voting
instrument period/date exercised/converted) rights
N/A
Total (A+B)
Number of voting rights Percentage of voting rights
14502349 11.09
9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:
In the narrative below, the figures in ( ) indicate the amount of voting rights
and the percentage held by each controlled undertaking where relevant.
Baillie Gifford & Co, a discretionary investment manager, is the parent
undertaking of an investment management group.
Its wholly-owned direct subsidiary undertaking Baillie Gifford Overseas Limited
(1392978; 1.1%) is also a discretionary investment manager.
Its wholly-owned direct subsidiary undertaking Baillie Gifford Life Limited
(2644916; 2.0%) is a life assurance company which procures discretionary
investment management services from Baillie Gifford & Co in respect of its own
account shareholdings.
Its wholly-owned indirect (via Baillie Gifford Life Limited) subsidiary
undertaking Baillie Gifford & Co Limited (388658; 0.3%) is an OEIC Authorised
Corporate Director and Unit Trust Manager which has delegated its discretionary
investment management role to Baillie Gifford & Co.
Proxy Voting:
10. Name of proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14 Contact name: Myra McIntyre
Scott Russell
15. Contact telephone number: 0131 275 2154
0131 275 2106
For notes on how to complete form TR-1 please see the FSA website.
This information is provided by RNS
The company news service from the London Stock Exchange
BBKDPDK
Latest directors dealings
- 8 hours ago Johnson Matthey
- 9 hours ago Galliford Try
- 9 hours ago Galliford Try
- 9 hours ago Centrica
- 10 hours ago Smith & Nephew