Director/PDMR Shareholding

RNS Number : 8996M

Xaar PLC

23 August 2011

 



Xaar plc (the "Company")

Directors' Dealings

On 21 August 2011 a number of LTIP shares granted to directors on 21 August 2008 under the Xaar plc 2007 Long Term Incentive Plan matured.  Of the total, 32.4% vested, with the remainder of 67.6% lapsing due to failure to meet the full performance criteria. The table below provides a summary of movements in option holdings:

		Number of LTIP shares vested August 2011 (exercise price £nil)	Number of LTIP shares lapsed August 2011 (exercise price £nil)	Total number of options held post transaction (various exercise prices)	As % of the current issued share capital of the Company
Ian Dinwoodie		55,372	115,528	868,941	1.19%
Phil Eaves		34,720	72,439	652,693	0.90%
Ramon Borrell		27,535	57,453	375,719	0.52%

The Company was notified that on 22 August 2011 the above directors sold a number of ordinary shares of 10 pence each ("Ordinary Shares") related to the vested LTIPs as summarised in the table below:

		Number of Ordinary Shares sold	Price	Beneficial interest in the Company	As % of the current issued share capital of the Company
Ian Dinwoodie		55,372	265.5	197,327	0.27%
Phil Eaves		34,720	265.5	22,249	0.03%
Ramon Borrell		12,666	265.5	129,799	0.18%

Enquiries:

Xaar plc
Alex Bevis - Finance Director	[phone]

 

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