Director/PDMR Shareholding - SIP Purchase

RNS Number : 3409V

Xaar PLC

15 April 2016

 

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 489 pence per Ordinary Share by the Xaar plc Share Incentive Plan (the "SIP") on 14 April 2016, the following Executive Directors of the Company acquired the following number of Ordinary Shares in the Company:

Name of Director	2015 Bonus invested in the SIP	No. of Ordinary Shares acquired by the SIP as Partnership shares using the 2015 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
Doug Edwards	£1,800	368	368	736	26,821	0.035%
Alex Bevis	£1,800	368	368	736	58,558	0.075%

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 - Chief Financial Officer	[phone]

 

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