UK-based Cairn Energy said it has placed up to 7,512,850 new ordinary shares of 10 pence each, representing approximately 5% of its current issued share capital. (US$1=55 pence). The placing, which was not underwritten, was made by Hoare Govett Limited and Canaccord Capital (Europe) Limited as joint brokers. Hoare Govett is acting as sole bookrunner…