Last checked at 29 Nov 2021 07:15
FOR IMMEDIATE RELEASE 29 November 2021
CAIRN ENERGY PLC ("Cairn" or "the Company")
CAIRN ENERGY PLC
TRANSACTIONS IN OWN SHARES
Cairn announces that, on 26 November 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: | 26 November 2021 |
Aggregate number of Ordinary Shares purchased: | 136,356 |
Lowest price paid per share: | 181.40 pence |
Highest price paid per share: | 184.90 pence |
Average price paid per share: | 183.29 pence |
The Company intends to cancel the purchased Ordinary Shares.
Since 15 November 2021, the Company has purchased 746,919 shares at a cost (including dealing and associated costs) of £1,410,537.01.
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/8014T_1-2021-11-28.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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