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XAAR PLC

Director's Dealing Sep 30, 2014

4768_dirs_2014-09-30_c25f8010-f828-413e-9c11-631709b1d265.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 9796S

Xaar PLC

30 September 2014

Xaar plc (the "Company")

Grant of Options - Share Save

The Company announces that on 29 September 2014 the following persons discharging managerial responsibilities of the Company were granted share options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") under the terms of the 2007 Share Save Scheme (the "Scheme"), at an exercise price per Ordinary Share of £3.38:

Name Role No. of options* granted over Ordinary Shares Total no. of options** held following grant
Ted Wiggans Operations and Quality Director 5,325 188,755
Richard Barham Sales and Marketing Director 2,662 128,743
Edmund Creutzmann Chief Technical Officer 5,325 24,791
Alex Bevis Finance Director 5,325 208,069
Brian James Director of R&D - Bulk Piezo 5,325 20,217
Mark Alexander Director of Marketing 1,065 56,913

* Options granted on 29 September 2014 under the Scheme

** Options granted over Ordinary Shares under all schemes

No consideration was paid for the grant of these options.

The options granted under the Scheme are, in normal circumstances, not exercisable until the completion of a 3 year savings period, which will end on 1 November 2017 and will then be exercisable for a period of 6 months. The exercise period will therefore be in normal circumstances, from 1 November 2017 until 30 April 2018.

This notification is made in accordance with DTR 3.1.4 R(1).

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

END

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