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XAAR PLC

Remuneration Information Apr 4, 2016

4768_dirs_2016-04-04_56232c25-117e-44fa-95f3-8ddd720d1955.html

Remuneration Information

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RNS Number : 0935U

Xaar PLC

04 April 2016

Xaar plc (the "Company")

Grant of Options

The Company announces that on 1 April 2016 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 Role No. of options* granted over Ordinary Shares Total no. of options** held post grant
Doug Edwards Chief Executive Officer 61,539 139,160
Ted Wiggans Chief Operations Officer 47,179 126,375
Alex Bevis Chief Financial Officer 34,667 169,200

* Options granted on 1 April 2016 under the LTIP scheme.

** Options granted under all schemes.

This grant was approved by the Remuneration Committee on 4 March 2016.

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. The options will expire on the tenth anniversary of the date of grant.

Enquiries:

Xaar plc
Alex Bevis - Chief Financial Officer +44 (0) 1223 423 663

This information is provided by RNS

The company news service from the London Stock Exchange

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