TIDMCNE

RNS Number : 6556Q

Cairn Energy PLC

13 September 2017

FOR IMMEDIATE RELEASE 13 September 2017

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

Share Purchase by Non-Executive Director

Cairn announces that on 13 September 2017, Peter Kallos, one of the Company's Non-Executive Directors, purchased 10,982 Ordinary Shares of 231/169 pence each in the Company at a price of GBP1.8105 per share.

Following this purchase, Mr Kallos' beneficial interest in the Ordinary Shares of the Company is as follows:-

 
 
 Name of Director    Previous Shares   Current Shares   % Issued Share Capital 
------------------  ----------------  ---------------  ----------------------- 
 Peter Kallos               0              10,982               0.002 
------------------  ----------------  ---------------  -----------------------

The following notification is intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------- 
  a)   Name                         Peter Kallos 
----  --------------------------  ---------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------- 
  a)   Position/status              Non-Executive Director 
----  --------------------------  ---------------------------------- 
  b)   Initial notification/        Initial Notification 
        Amendment 
----  --------------------------  ---------------------------------- 
  3    Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  -------------------------------------------------------------- 
  a)   Name                         Cairn Energy PLC 
----  --------------------------  ---------------------------------- 
  b)   LEI                          213800ZJEUQ8ZOC9AL24 
----  --------------------------  ---------------------------------- 
  4    Details of the transaction(s): section to be 
        repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; 
        and (iv) each place where transactions have 
        been conducted 
----  -------------------------------------------------------------- 
  a)   Description                  Ordinary shares of 231/169 pence 
        of the financial             each ("Shares") 
        instrument, 
        type of instrument 
---- 
       Identification               GB00B74CDH82 
        code 
----  --------------------------  ---------------------------------- 
  b)   Nature of                   Purchase 
        the transaction 
----  --------------------------  ---------------------------------- 
  c)   Price(s) and                  Price(s)    Volume(s) 
        volume(s)                   -----------  ---------- 
                                     GBP1.8105     10,982 
                                    -----------  ---------- 
----  --------------------------  ---------------------------------- 
  d)    Aggregated 
         information 
          *    Aggregated volume     Not applicable 
 
 
          *    Price 
----  --------------------------  ---------------------------------- 
  e)   Date of the                 2017-09-13 
        transaction 
----  --------------------------  ---------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ----------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHOKNDPDBKDCCD

(END) Dow Jones Newswires

September 13, 2017 08:00 ET (12:00 GMT)

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