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Xaar PLC (XAR)

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Tuesday 03 April, 2012

Xaar PLC

Issue of Options

RNS Number : 6700A
Xaar PLC
03 April 2012
 



Xaar plc (the "Company")

Grant of Options

The Company announces that on 2 April 2012 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 of Director

No. of options* granted over Ordinary Shares

Total no. of options** held post grant

Ian Dinwoodie

86,250

955,191

Ramon Borrell

60,417

436,136

Ted Wiggans

64,583

112,384

Alex Bevis

60,417

108,218

Richard Barham

66,667

66,667

 

* Options granted under the LTIP scheme.

** Options granted under all schemes.

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.  Options are ordinarily exercisable after 3 years from the date of grant.

Enquiries:

Xaar plc


Alex Bevis - Finance Director

01223 423 663

 


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