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XAAR PLC

Remuneration Information May 17, 2013

4768_dirs_2013-05-17_e4d111af-fc06-46e0-a600-98ae8a588a34.html

Remuneration Information

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National Storage Mechanism | Additional information

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RNS Number : 0053F

Xaar PLC

17 May 2013

Xaar plc (the "Company")

Grant of Options

The Company announces that on 15 May 2013 three executive directors of the Company were granted the following nil priced 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
Ramon Borrell 16,904 536,611
Ted Wiggans 3,773 154,275
Alex Bevis 15,641 205,248

* 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. 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.

These share options were granted as part of the Company's LTIP bonus matching scheme, related to the purchases of shares made by Mr Borrell, Mr Wiggans and Mr Bevis in April and May 2013.

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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