Last checked at 11 Dec 2023 15:00
Xaar plc
Notification of Transactions of Directors and PDMRs
Xaar plc (the "Company") was notified today that the Person Discharging Managerial Responsibilities ("PDMR") listed below has exercised options over ordinary 10 pence shares in the Company ("Shares") under the Company's 2017 Sharesave Plan.
Name of PDMR | Date of Grant | Option Price (£) | No of options exercised | Date of Exercise |
Graham Tweedale (PDMR) | 02/11/2020 | £1.02 | 5,294 | 01/12/2023 |
Mr Tweedale sold 5,294 shares resulting from the option exercise at £1.045 per ordinary 10 pence share on 8 December 2023.
The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation is appended below and gives further details on the transactions described above.
This notification is made in accordance with DTR 3.1.4 R(1).
Enquiries:
Xaar plc | +44 (0)1223 423 663 |
Julia Crane, Company Secretary & Legal Counsel | investor.relations@xaar.com |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Graham Tweedale
| |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Operating Officer (PDMR)
| |||
b) | Initial notification /Amendment | Initial Notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Xaar plc | |||
b) | LEI | 213800MXEC3KAOBBPO57 | |||
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 of the financial instrument, type of instrument | Ordinary shares of 10 pence each | |||
Identification code | GB0001570810 | ||||
b) | Nature of the transaction | Exercise of Options under the Xaar plc 2017 Sharesave Plan | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£1.02 | 5,294 | ||||
d) | Aggregated information | ||||
- Aggregated volume | 5,294 | ||||
- Price | £5,399.88 | ||||
e) | Date of the transaction | 1 December 2023
| |||
f) | Place of the transaction | Outside a trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Graham Tweedale
| |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Operating Officer (PDMR)
| |||
b) | Initial notification /Amendment | Initial Notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Xaar plc | |||
b) | LEI | 213800MXEC3KAOBBPO57 | |||
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 of the financial instrument, type of instrument | Ordinary shares of 10 pence each | |||
Identification code | GB0001570810 | ||||
b) | Nature of the transaction | Sale of Ordinary 10p shares | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£1.045 | 5,294 | ||||
d) | Aggregated information | ||||
- Aggregated volume | 5,294 | ||||
- Price | £5,532.23 | ||||
e) | Date of the transaction | 8 December 2023
| |||
f) | Place of the transaction | London Stock Exchange | |||