FOR IMMEDIATE RELEASE 16 May 2013
CAIRN ENERGY PLC ("Cairn" or "the Company")
Interests of PDMR in the Company's Shares
Cairn announces that on 16 May 2013, Ian Watt, Regional Director (North Atlantic), sold 30,000 Ordinary Shares of 231/169 pence each in the Company at a price of £2.80 per share.
Following this announcement, the above mentioned PDMR's beneficial interests in the Ordinary Shares of the Company are as follows:-
PDMR |
Previous Ordinary Shares |
Current Ordinary Shares |
% Issued Share Capital |
Outstanding Awards under 2009 LTIP |
Ian Watt |
62,740 |
32,740 |
0.005 |
361,323 |