Director/PDMR Shareholding

RNS Number : 0867F

Xaar PLC

17 April 2014

 



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 866.4 pence per Ordinary Share by the Xaar plc Share Incentive Plan (the "SIP") on 16 April 2014, six members of the Executive team acquired the following number of Ordinary Shares in the Company:

Name of Director	2013 Bonus invested in the SIP	No. of Ordinary Shares acquired by the SIP as Partnership shares using the 2013 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	173	173	346	46,617	0.06%
Ted Wiggans	£1,500	173	173	346	9,680	0.01%
Richard Barham	£1,500	173	173	346	6,980	0.01%
Ramon Borrell	£1,500	173	173	346	181,721	0.24%
Brian James	£1,500	173	173	346	346	0.00%
Mark Alexander	£1,500	173	173	346	4,084	0.005%

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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