Director/PDMR Shareholding

RNS Number : 8057B

Xaar PLC

23 April 2012

 



Xaar plc (the "Company")

Directors' Dealings

On 20 April 2012 Ian Dinwoodie, Chief Executive Officer, exercised an option over 330,357 Xaar plc ordinary shares of 10 pence each ("shares").  The option had been granted under the Xaar plc 2007 Long Term Incentive Plan ("LTIP") on 1 April 2009 and vested on 1 April 2012, having met the performance criteria in full.  All of the shares were sold on 20 April 2012 at a price of 225 pence.

The shareholding held by Mr. Dinwoodie has not been reduced by the exercise and sale of these LTIP shares.  Both before and after the exercise and sale Mr. Dinwoodie held 197,327 shares, representing a beneficial interest in the Company of 0.27% of the current issued share capital.

Enquiries:

Xaar plc
Alex Bevis - Finance Director	[phone]

 

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