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Director Shareholding

28 Aug 2015 15:44

RNS Number : 5143X
Xaar PLC
28 August 2015
 



Xaar plc (the "Company")

Director Shareholding

The Company has been notified of the following purchases of ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as set out below:

Name

Position

Date of purchase

Number of Ordinary Shares purchased

Avg. price paid per Ordinary Share

Beneficial interest in Ordinary Shares following the purchase

Beneficial interest in Ordinary Shares following the purchase %

Doug Edwards

Chief Executive Officer

27 August 2015

12,432

479.02 pence

21,724

0.028%

Jim Brault

Chief Human Resources Officer

27 August 2015

721

479.02 pence

721

0.001%

 

The Company has been notified of the following transaction related to Xaar plc's 2007 Long Term Incentive Plan ("LTIP"), as summarised in the table below:

Name

Role

Transaction date

No. of shares exercised and kept

No. of shares exercised and sold

Avg. sale price per Ordinary Share

Beneficial interest in Ordinary Shares following the transaction

Beneficial interest in Ordinary Shares following the transaction %

Ted Wiggans

Chief Operations Officer

27 August 2015

57,314

50,825

479.02 pence

71,239

0.092%

The shares referred to above are Xaar plc ordinary shares of 10 pence each ("Ordinary Shares"). Of the options exercised under the Xaar plc 2007 Long Term Incentive Plan, 43,556 had been granted on 11 April 2011 and vested on 11 April 2014, and 64,583 had been granted on 2 April 2012 and vested on 2 April 2015, having met the performance criteria in full. The exercise price under the LTIP was nil pence per Ordinary Share.

 

Enquiries:

Xaar plc

Alex Bevis - Chief Financial Officer

+44 (0) 1223 423 663 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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