CAPRICORN ENERGY PLC

Regulatory Filings • Nov 3, 2021

National Storage Mechanism | Additional information

RNS Number : 2476R

Cairn Energy PLC

03 November 2021

FOR IMMEDIATE RELEASE                                                                        3 November 2021

CAIRN ENERGY PLC ("Cairn")

Change of Company Name 

Cairn plans to change its company name from Cairn Energy PLC to Capricorn Energy PLC, effective from 13 December 2021. The LSE stock ticker will remain as CNE.

This follows an agreement at the time of the Cairn India IPO that the name would ultimately be changed. 

Given the recent legislative change in India and our participation in the related tax refund process, we are now putting in place the planned name change.

The new name reflects continuity and evolution: the majority of Cairn's subsidiaries have been known as Capricorn for some time. It is an established and respected name across our global operations, maintaining stakeholder confidence in our long-standing reputation for responsibility, relationships and respect.

No action from shareholders is required in relation to the change.

ENDS

Enquiries
Analysts/Investors
David Nisbet, Corporate Affairs	Tel: 0131 475 3000
Media
Linda Bain/Jonathan Milne, Corporate Affairs	Tel: 0131 475 3000
Patrick Handley/David Litterick, Brunswick Group LLP	Tel: 0207 404 5959

Notes to Editor

Cairn Energy PLC is not affiliated to Cairn Oil & Gas (a division of Vedanta Limited). Cairn Energy's legal proceedings with the Government of India are independent of the Indian business of Vedanta Limited.

About Cairn Energy PLC

Cairn is one of Europe's leading independent energy companies. The company has explored, discovered, developed and produced oil and gas in a variety of locations throughout the world as an operator and partner in all stages of the oil and gas lifecycle. 

Our exploration activities have a geographical focus in the North Sea, West Africa and Latin America, underpinned by interests in production and development assets. Cairn has its headquarters in Edinburgh, Scotland supported by operational offices in London, Mexico, Egypt and Mauritania.

For further information on Cairn please see: www.cairnenergy.com

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CANEADFDELXFFFA