Director/PDMR Shareholding

RNS Number : 0056E

Xaar PLC

31 March 2011

 



Xaar plc (the "Company")

Director/PDMR Shareholding

The Company has been notified that on 25 March 2011, Andrew Taylor, a Director of the Company, who resigns from the Board and Company today, sold 30,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") beneficially held by him at a price of 246.5p per Ordinary Share. On 25 March 2011 Mr Taylor also exercised 15,000 options over Ordinary Shares ("Options") at an exercise price of 25p per Ordinary Share, and 35,000 Options at an exercise price of 84p per Ordinary Share.

Following these transactions, Mr Taylor's beneficial interest in the Company is 35,116 Ordinary Shares representing 0.05 per cent. of the current issued share capital of the Company and 30,000 Options with an exercise price of 109 pence.

The Company has also been notified that on 29 March 2011, Ramon Borrell, a Director of the Company, purchased 19,600 Ordinary Shares at a price of 240p per Ordinary Share.

Following this transaction, Mr Borrell's beneficial interest in the Company is 114,930 Ordinary Shares representing 0.16 per cent. of the current issued share capital of the Company.

Enquiries:

Xaar plc
Alex Bevis - Finance Director	01223 423 663

 

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