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Market Cap: £113.79m
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Director/PDMR Shareholding

8 Apr 2015 15:58

RNS Number : 6569J
Xaar PLC
08 April 2015
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Xaar plc (the "Company")

Director/PDMR Shareholding

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

LTIP options granted on 2 April 2012

No. of shares exercised and kept

No. of shares exercised and sold

Transaction date

Sale price per share

Shareholding after the transaction

Beneficial interest in the Company

Richard Barham

Sales and Marketing Director

66,667

32,667

34,000

8 April 2015

405.35 pence

39,647

0.05%

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The shares referred to above are Xaar plc ordinary shares of 10 pence each ("Ordinary Shares"). The options had been granted on 2 April 2012 under the Xaar plc 2007 Long Term Incentive Plan 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.

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The Company has also been notified of the following transactions related to Xaar plc's 2007 Share Save Scheme ("SAYE"), as summarised in the table below:

Name

Role

SAYE options granted on 1 November 2011

No. of shares exercised and kept

Transaction date

Shareholding after the transaction

Beneficial interest in the Company

Alex Bevis

Finance Director

4,245

4,245

7 April 2015

57,822

0.08%

Ted Wiggans

Operations and Quality Director

4,245

4,245

7 April 2015

13,925

0.01%

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The shares referred to above are Xaar plc Ordinary Shares. The options had been granted on 1 November 2011 under the Xaar plc 2007 Share Save Scheme and vested on 1 November 2014. The exercise price under the SAYE was 212 pence per Ordinary Share.

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Enquiries:

Xaar plc

Alex Bevis - Finance Director

+44 (0) 1223 423 663

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