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Director/PDMR Shareholding

27th Aug 2013 10:40

RNS Number : 5229M
Cairn Energy PLC
27 August 2013
 



 

 

 

FOR IMMEDIATE RELEASE 27 August 2013

 

 

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 2,164 Ordinary Shares of 231/169 pence each in the Company were purchased on 27 August 2013 on behalf of Alexander Berger at a price of £2.7521 per 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. This is the first purchase of Shares that has been made in accordance with such arrangements.

 

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

 

0

2,164

0.0004

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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