Issue of Options

RNS Number : 6700A

Xaar PLC

03 April 2012

 



Xaar plc (the "Company")

Grant of Options

The Company announces that on 2 April 2012 the executive directors of the Company were granted the following share options over ordinary shares of 10 pence each in the Company ("Ordinary Shares") under the terms of the 2007 Long Term Incentive Plan ("LTIP"):

Name of Director	No. of options* granted over Ordinary Shares	Total no. of options** held post grant
Ian Dinwoodie	86,250	955,191
Ramon Borrell	60,417	436,136
Ted Wiggans	64,583	112,384
Alex Bevis	60,417	108,218
Richard Barham	66,667	66,667

* Options granted under the LTIP scheme.

** Options granted under all schemes.

No consideration was paid for the grant of any of the options, or is due on the exercise of options granted under the LTIP scheme.  Options are ordinarily exercisable after 3 years from the date of grant.

Enquiries:

Xaar plc
Alex Bevis - Finance Director	01223 423 663

 

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