Cairn Energy PLC Director/PDMR Shareholding (4448A)
11 September 2018 - 10:47PM
UK Regulatory
TIDMCNE
RNS Number : 4448A
Cairn Energy PLC
11 September 2018
FOR IMMEDIATE RELEASE 11 September 2018
CAIRN ENERGY PLC ("Cairn" or "the Company")
Share Purchase by Director of Exploration
Cairn announces that on 11 September 2018, Eric Hathon, the
Company's Director of Exploration, purchased 15,000 Ordinary Shares
of 231/169 pence each in the Company at a price of GBP2.217435 per
share.
Following this purchase, Mr Hathon's beneficial interest in the
Ordinary Shares of the Company is as follows:-
Executive Director / PDMR Previous Current Shares % Issued Share Capital Outstanding entitlements under 2009
Shares and 2017 LTIPs
Unvested Awards still subject to
performance conditions
------------------------------------
Eric Hathon 6,759 21,759 0.0004 703,039
--------- --------------- ----------------------- ------------------------------------
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 Eric Hathon
---- -------------------------- --------------------------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------------------
a) Position/status Director of Exploration
---- -------------------------- --------------------------------------------------
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 of Ordinary shares of 231/169 pence each ("Shares")
the financial
instrument, type
of instrument
----
Identification GB00B74CDH82
code
---- -------------------------- --------------------------------------------------
b) Nature of the Purchase
transaction
---- -------------------------- --------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------
GBP2.217435 15,000
------------- ----------
---- -------------------------- --------------------------------------------------
d) Aggregated information
* Aggregated volume
Not applicable
* Price
---- -------------------------- --------------------------------------------------
e) Date of the transaction 2018-09-11
---- -------------------------- --------------------------------------------------
f) Place of the transaction London Stock Exchange
---- -------------------------- --------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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