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3 Apr 2009 15:38
Xaar plc ("Xaar" or the "Company")
Director Shareholding
Xaar announces that on 1 April 2009 the executive directors of the Company were granted the following conditional nil cost share awards over Ordinary Shares of 10p each in the Company under the Xaar plc 2007 Long Term Incentive Plan (the "Scheme").
The shares subject to the LTIP awards will be released three years from the date of grant, subject to the Company meeting certain performance criteria as per the Scheme rules. Full details of the performance criteria of the Scheme are set out in the Company's last annual report and accounts. Details of the awards for each director are set out in the table below:
|
Director |
Number of Ordinary Shares subject to the LTIP award |
% of existing issued share capital |
Total number of Ordinary Shares subject to LTIP awards after this award |
% of existing issued share capital |
|
Ian Dinwoodie |
330,357 |
0.52% |
568,534 |
0.90% |
|
Phil Eaves |
258,928 |
0.41% |
419,087 |
0.67% |
|
Ramon Borrell |
205,357 |
0.32% |
345,345 |
0.55% |
|
Andrew Taylor |
169,642 |
0.27% |
252,459 |
0.40% |
|
Greg Lockett |
169,642 |
0.27% |
268,349 |
0.43% |
Enquiries:
|
Xaar plc Andrew Taylor - Finance Director |
+44 (0) 1223 423 663 |
Xaar (XAR)
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