XAAR PLC

Remuneration Information • Apr 5, 2018

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RNS Number : 9335J

Xaar PLC

05 April 2018

Xaar plc (the "Company")

Grant of Options

The Company announces that on 3 April 2018 the 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 2017 Long Term Incentive Plan ("LTIP"):

Name	No. of options* granted over Ordinary Shares	Total no. of options** held post grant
Doug Edwards	309,880	730,189
Lily Liu	103,293	233,697

* Options granted under the LTIP scheme.

** Options granted under all schemes.

This grant was approved by the Remuneration Committee on 3 April 2018.

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. 34% of the vested options are exercisable 3 years after the date of grant, with 33% exercisable 4 and 5 years after the date of grant respectively. The options will expire on the tenth anniversary of the date of grant.

Enquiries:

Xaar plc
Lily Liu - Chief Financial Officer	+44 (0)1223 423 663

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Doug Edwards 2.  Lily Liu
2	Reason for the notification
a)	Position/status	1.  Chief Executive Officer 2.  Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Xaar plc
b)	LEI	213800MXEC3KAOBBPO57
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 10 pence each
Identification code	GB0001570810
b)	Nature of the transaction	Grant of Options under the Xaar plc 2017 Long Term Incentive Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		1.  £nil	1.  309,880
		2.  £nil	2.  103,293
d)	Aggregated information
- Aggregated volume	1. 309,880 2. 103,293
- Price	1. £nil 2. £nil
e)	Date of the transaction	1.  3 April 2018 2.  3 April 2018
f)	Place of the transaction	Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

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