XAAR PLC

Board/Management Information • Jan 9, 2020

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RNS Number : 2065Z

Xaar PLC

09 January 2020

9 January 2020

Xaar plc

Appointment of Chief Finance Officer

Xaar plc ("Xaar", "the Group" or "the Company"), the digital inkjet printing and 3D technology Group headquartered in Cambridge, UK, is pleased to announce the appointment of Ian Tichias as Chief Finance Officer and Director of the Board from 1 March 2020.

Ian joins from Ibstock Plc where he has been Group Finance Director and Deputy CFO, responsible for the Group's Forticrete aesthetic concrete business.  Previously, Ian was Senior Director, Finance & Global Pricing Lead - Europe, Africa and Middle East for Zoetis and before that, Head of Finance for Pfizer Diversified Businesses (PDB) UK.

In accordance with our policy for recruiting Executive Directors, Ian will be offered an LTIP award and a bonus as compensation for losses that he will forfeit on leaving his current employer.

John Mills, Chief Executive Officer, commented:

"I am delighted that Ian will be joining Xaar as we lead the Company into its next phase of   development. His extensive financial experience alongside a fresh new perspective will add significant value to the Company."

There are no other disclosures to be made pursuant to Listing Rule 9.6.13.

Contacts

Xaar plc
John Mills, CEO	+44 (0)1223-423663
	www.xaar.com
Tulchan Communications
James Macey White

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