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XAAR PLC

Remuneration Information Apr 4, 2013

4768_rns_2013-04-04_60dd1c34-dda3-4e9c-b1b2-8331079ffd6b.html

Remuneration Information

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RNS Number : 6100B

Xaar PLC

04 April 2013

Xaar plc (the "Company")

Grant of Options

The Company announces that on 2 April 2013 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 54,588 469,300
Ramon Borrell 34,118 519,707
Ted Wiggans 38,118 150,502
Alex Bevis 35,529 189,607
Richard Barham 39,059 105,726

* Options granted under the LTIP scheme.

** Options granted under all schemes.

This grant was approved by the Remuneration Committee on 14 February 2013. 

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.  These options carry certain specific performance criteria which must be achieved prior to vesting, which is 3 years after the date of grant, when the options are ordinarily exercisable.

Enquiries:

Xaar plc
Alex Bevis - Finance Director 01223 423 663

This information is provided by RNS

The company news service from the London Stock Exchange

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