Last checked at 8 Dec 2021 07:15
FOR IMMEDIATE RELEASE 8 December 2021
CAIRN ENERGY PLC ("Cairn" or "the Company")
CAIRN ENERGY PLC
TRANSACTIONS IN OWN SHARES
Cairn announces that, on 7 December 2021, it purchased the following number of its ordinary shares of 21/13 pence each (the "Ordinary Shares") on the London Stock Exchange from Morgan Stanley & Co. International Plc ("Morgan Stanley"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the non-discretionary share repurchase arrangements entered into with Morgan Stanley, as announced on 15 November 2021.
Ordinary Shares
Date of purchase: | 7 December 2021 |
Aggregate number of Ordinary Shares purchased: | 90,312 |
Lowest price paid per share: | 180.60 pence |
Highest price paid per share: | 185.80 pence |
Average price paid per share: | 183.45 pence |
The Company intends to cancel the purchased Ordinary Shares.
Since 15 November 2021, the Company has purchased 1,301,773 shares at a cost (including dealing and associated costs) of £2,432,133.16
A full breakdown of the individual trades made by Morgan Stanley on behalf of the Company as part of the share repurchase programme is attached to this document.
Attachment: http://www.rns-pdf.londonstockexchange.com/rns/9022U_1-2021-12-7.pdf
This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
Enquiries | |
Analysts/Investors | |
David Nisbet, Corporate Affairs | Tel: 0131 475 3000
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Media | |
Linda Bain/Jonathan Milne, Corporate Affairs | Tel: 0131 475 3000
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