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Share Purchase on behalf of Dr James Buckee

26th Oct 2009 14:35

RNS Number : 3834B
Cairn Energy PLC
26 October 2009
 



FOR IMMEDIATE RELEASE 26 October 2009

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

Interest of Non-Executive Director

Share Purchase on behalf of Dr James Buckee

Cairn was notified today that a total of 107 Ordinary Shares of 6 2/13 pence each in the Company were purchased on 26 October 2009 on behalf of Dr James Buckee at a price of £28.9197 per Share. 

The above purchase follows Dr Buckee'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

3,050

3,157

0.002

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

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