ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CNE Capricorn Energy Plc

168.80
0.00 (0.00%)
Last Updated: 08:30:49
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capricorn Energy Plc LSE:CNE London Ordinary Share GB00BRJ7R218 ORD 735/143P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 168.80 169.00 171.80 7,994 08:30:49
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 228.9M -51M -0.5383 -3.14 159.93M

Cairn Energy PLC Director/PDMR Shareholding (1295K)

06/04/2018 11:33am

UK Regulatory


Capricorn Energy (LSE:CNE)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Capricorn Energy Charts.

TIDMCNE

RNS Number : 1295K

Cairn Energy PLC

06 April 2018

FOR IMMEDIATE RELEASE 6 April 2018

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

Interests of Directors / Persons Discharging Managerial Responsibility ("PDMRs")

in the Company's Shares

   1.         Award of Free Shares under the Company's 2010 Share Incentive Plan 

Cairn announces that, on 6 April 2018, it made its annual awards of up to GBP3,600 worth of ordinary shares of 231/169 pence each in the Company ("Ordinary Shares") to eligible employees under the "Free Share" element of the Company's HMRC approved all-employee Share Incentive Plan established in April 2010 (the "SIP"). No consideration was paid for the grant of these awards.

Details of the Executive Directors and PDMRs who participated in the award, having complied with the eligibility criteria in terms of the rules of the SIP, are as follows:-

 
       Executive Director / PDMR         Number of Free 
                                          Shares Awarded 
--------------------------------------  ---------------- 
 Simon Thomson, Chief Executive               1,665 
--------------------------------------  ---------------- 
 James Smith, Chief Financial 
  Officer                                     1,665 
--------------------------------------  ---------------- 
 Eric Hathon, Director of Exploration         1,665 
--------------------------------------  ---------------- 
 Paul Mayland, Chief Operating 
  Officer                                     1,665 
--------------------------------------  ---------------- 
 Brita Holstad, Regional Director, 
  UK & Norway*                                  0 
--------------------------------------  ---------------- 
 Richard Ember, Regional Director, 
  International                               1,665 
--------------------------------------  ---------------- 
 Miles Warner, General Manager, 
  Senegal*                                      0 
--------------------------------------  ---------------- 
 Douglas Taylor, Deputy Finance 
  Director                                    1,665 
--------------------------------------  ---------------- 
 David Nisbet, Director, Corporate 
  Affairs                                     1,665 
--------------------------------------  ---------------- 
 

*Ms Holstad and Mr Warner do not participate in the SIP as they are not UK resident tax payers.

The above awards were based on an Ordinary Share price of GBP2.162, being the mid-market price of a Cairn share as at close of business on 5 April 2018. The Ordinary Shares awarded to participants in the SIP were existing shares previously purchased in the market. In accordance with the rules of the SIP, its Trustee will normally hold these Ordinary Shares on behalf of the relevant individuals throughout a holding period of five years from the date of award.

   2.         Summary of current holdings of Executive Directors / PDMRs 

Following this announcement, the Executive Directors' and PDMRs' beneficial interests in the Shares of the Company are as follows:

 
 Executive Director /    Previous    Current Shares      % Issued Share       Outstanding entitlements under 2009 and 
         PDMR              Shares                           Capital                         2017 LTIPs 
----------------------  ----------  ---------------  ---------------------  ------------------------------------------ 
                                                                               Unvested Awards         Vested but 
                                                                              still subject to     unexercised Awards* 
                                                                                 performance 
                                                                                 conditions 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Simon Thomson           1,175,589     1,177,254             0.200                2,169,181              248,464 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 James Smith              457,208        458,873             0.078                1,410,849              161,602 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Eric Hathon                2,760           4,425            0.001                 703,039                 0** 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Paul Mayland             518,153        519,818             0.088                1,212,947              134,880 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Brita Holstad            157,783        157,783             0.027                 555,042                58,155 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Richard Ember             9,110         10,775              0.002                 735,836                 0** 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Miles Warner                0             0                   0                   528,009                 0** 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 Douglas Taylor           210,724       212,389              0.036                 446,053                50,481 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 David Nisbet             81,275         82,940              0.014                 551,575                57,423 
----------------------  ----------  ---------------  ---------------------  --------------------  -------------------- 
 

* This column includes all outstanding Awards that have vested following the expiry of the applicable performance period, regardless of whether or not they are currently capable of being exercised under the rules of the applicable LTIP.

**The Awards included within this column for other individuals were originally made prior to the commencement of employment of Richard Ember, Miles Warner and Eric Hathon.

The following notifications are 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                         Simon Thomson 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              Chief Executive 
----  --------------------------  ---------------------------------------- 
  b)   Initial                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010) 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 
 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
  a)   Name                         James Smith 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              Chief Financial Officer 
----  --------------------------  ---------------------------------------- 
  b)   Initial                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010) 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 
 
  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                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010) 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 
 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
  a)   Name                         Paul Mayland 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              Chief Operating Officer 
----  --------------------------  ---------------------------------------- 
  b)   Initial                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010) 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 
 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
  a)   Name                         Richard Ember 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              Regional Director, International 
----  --------------------------  ---------------------------------------- 
  b)   Initial                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010). 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 
 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
  a)   Name                         Douglas Taylor 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              Deputy Finance Director 
----  --------------------------  ---------------------------------------- 
  b)   Initial                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010) 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 
 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
  a)   Name                         David Nisbet 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              Director, Corporate Affairs 
----  --------------------------  ---------------------------------------- 
  b)   Initial                      Initial Notification 
        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                   Free shares awarded under the Company's 
        the                         all-employee Share Incentive Plan 
        transaction                 (2010) 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                       GBP0        1,665 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                  Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-04-06 
        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

DSHFKADNKBKDDQK

(END) Dow Jones Newswires

April 06, 2018 06:33 ET (10:33 GMT)

1 Year Capricorn Energy Chart

1 Year Capricorn Energy Chart

1 Month Capricorn Energy Chart

1 Month Capricorn Energy Chart

Your Recent History

Delayed Upgrade Clock