Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Monday 03 February, 2003

Framlington Inv Man

SAR - Xaar PLC

Framlington Inv.Management Ltd
3 February 2003

                                                        FORM SAR 3

                                       Date of disclosure..3RD FEB 2003

                 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')

                 
Date of acquisition..31ST JAN 2003


Acquisition in.......XAAR....................(name of company)


(1) Class of voting shares    Number of shares/rights   If rights over shares
    (eg ordinary shares)      over shares acquired      acquired, as opposed
                                                        to the shares
                                                        themselves, specify
                                                        nature of rights

    ..ORD 10P SHARES..        ...50,000    ...shares    .....................

                              ...N/A..........rights



(2) Resultant total holding   Resultant total holding   Total percentage
    of voting shares (and %   of rights over shares
    of total voting shares    (and % of total voting
    in issue)                 shares in issue)

    .9,544,149...(16.03%)   ...............(    %)    .............(    %)



(3) Party making disclosure....FRAMLINGTON INVESTMENT MANAGEMENT  


(4)  (a)  Name of person acquiring shares or rights over shares .AS ABOVE
          and, if different, beneficial owner............................... 


     (b)  Names of any other persons acting by
          agreement or understanding (see SAR 5)............................


Signed, for and on behalf of the party named in (3) above...................

(Also print name of signatory)..BILL KENNEDY...................

Telephone and extension number...0207-330-6516..................


Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person.  Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, 
Monitoring Section, Tel. No: 020 7638 0129.


                      This information is provided by RNS
            The company news service from the London Stock Exchange