XAAR PLC

Director's Dealing • Apr 17, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0932F

Xaar PLC

17 April 2014

Xaar plc (the "Company")

Director/PDMR Shareholding

The Company has been notified of a number of transactions related to Xaar plc's 2007 Long Term Incentive Plan ("LTIP").  The transactions are summarised in the table below.

Name	Role	LTIP options granted on 11 April 2011	No. of shares exercised and sold	Transaction date	Sale price per share	Share holding before & after the transaction	Beneficial interest in the Company
Ian Dinwoodie	CEO	89,889	88,889	16 April 2014	832 pence	57,449	0.08%
Alex Bevis	Finance Director	43,556	30,000	16 April 2014	832 pence	46,617	0.06%
Ramon Borrell	Director of R&D - Thin Film	60,844	60,844	17 April 2014	850 pence	181,721	0.24%
Mark Alexander	Director of Marketing	25,822	25,822	17 April 2014	850 pence	4,084	0.005%

The shares referred to above are Xaar plc ordinary shares of 10 pence each ("Ordinary Shares").  The options had been granted on 11 April 2011 under the Xaar plc 2007 Long Term Incentive Plan ("LTIP") and vested on 11 April 2014, having met the performance criteria in full.  The exercise price under the LTIP was nil pence per Ordinary Share. 

The Company has also been notified that on 17 April 2014, Phil Lawler, Chairman of the Company, sold 1,500 Xaar plc Ordinary Shares of 10 pence each at a price of 850 pence per Ordinary Share.  Following this transaction, Mr Lawler's beneficial interest in the Company is 99,930 Ordinary Shares, representing a beneficial interest in the Company of 0.13% of the current issued share capital.

Enquiries:

Xaar plc

Alex Bevis - Finance Director

+44 (0) 1223 423 663

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSLLFILSDIDLIS