Director/PDMR Shareholding

RNS Number : 8193C

Xaar PLC

19 April 2013

 

Xaar plc (the "Company")

Director/PDMR Shareholding - SIP Purchase

The Company announces that as a result of purchases of ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 473 pence per Ordinary Share by the Xaar plc Share Incentive Plan (the "SIP") on 17 April 2013, four Executive Directors acquired the following number of Ordinary Shares in the Company:

Name of Director	2012 Bonus invested in the SIP	No. of Ordinary Shares acquired by the SIP as Partnership shares using the 2012 Bonus	No. of Ordinary Shares acquired by the SIP as Matching share awards	Total No. of Ordinary Shares acquired through the SIP	Total beneficial interest in Ordinary Shares of Xaar plc following the SIP acquisition	% beneficial interest held in Xaar plc following the SIP acquisition
Alex Bevis	£1,500	317	317	634	38,136	0.05%
Ted Wiggans	£1,500	317	317	634	2,634	0.00%
Richard Barham	£1,500	317	317	634	6,634	0.01%
Ramon Borrell	£1,500	317	317	634	178,851	0.24%

In accordance with the terms of the SIP, the persons named above were awarded Matching shares equal to the number of Partnership shares purchased. The Matching shares will vest on the third anniversary of the date of the award subject to continued employment for those three years.

All of the shares purchased by the SIP were acquired via transfer from the Xaar plc ESOP.

Enquiries:

Xaar plc          

Alex Bevis - Finance Director                                                                         01223 423 663

 

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