Grant of Options - Share Save

RNS Number : 9796S

Xaar PLC

30 September 2014

Xaar plc (the "Company")

The Company announces that on 29 September 2014 the following persons discharging managerial responsibilities of the Company were granted share options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") under the terms of the 2007 Share Save Scheme (the "Scheme"), at an exercise price per Ordinary Share of £3.38:

Name	Role	No. of options* granted over Ordinary Shares	Total no. of options** held following grant
Ted Wiggans	Operations and Quality Director	5,325	188,755
Richard Barham	Sales and Marketing Director	2,662	128,743
Edmund Creutzmann	Chief Technical Officer	5,325	24,791
Alex Bevis	Finance Director	5,325	208,069
Brian James	Director of R&D - Bulk Piezo	5,325	20,217
Mark Alexander	Director of Marketing	1,065	56,913

* Options granted on 29 September 2014 under the Scheme

** Options granted over Ordinary Shares under all schemes

No consideration was paid for the grant of these options.

The options granted under the Scheme are, in normal circumstances, not exercisable until the completion of a 3 year savings period, which will end on 1 November 2017 and will then be exercisable for a period of 6 months. The exercise period will therefore be in normal circumstances, from 1 November 2017 until 30 April 2018.

This notification is made in accordance with DTR 3.1.4 R(1).

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