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Xaar PLC (XAR)

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Friday 03 April, 2009

Xaar PLC

Director/PDMR Shareholding

RNS Number : 1341Q
Xaar PLC
03 April 2009
 



Xaar plc ('Xaar' or the 'Company')


Director Shareholding


Xaar announces that on 1 April 2009 the executive directors of the Company were granted the following conditional nil cost share awards over Ordinary Shares of 10p each in the Company under the Xaar plc 2007 Long Term Incentive Plan (the 'Scheme').


The shares subject to the LTIP awards will be released three years from the date of grant, subject to the Company meeting certain performance criteria as per the Scheme rules.  Full details of the performance criteria of the Scheme are set out in the Company's last annual report and accounts.  Details of the awards for each director are set out in the table below:


Director

Number of Ordinary Shares subject to the LTIP award

% of existing issued share capital

Total number of Ordinary Shares subject to LTIP awards after this award

% of existing issued share capital

Ian Dinwoodie

330,357

0.52%

568,534

0.90%

Phil Eaves

258,928

0.41%

419,087

0.67%

Ramon Borrell

205,357

0.32%

345,345

0.55%

Andrew Taylor

169,642

0.27%

252,459

0.40%

Greg Lockett

169,642

0.27%

268,349

0.43%


Enquiries: 

 

Xaar plc

Andrew Taylor - Finance Director


+44 (0) 1223 423 663



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