Xaar PLC Director/PDMR Shareholding - SIP Purchase (5086C)
April 18 2017 - 2:00AM
UK Regulatory
TIDMXAR
RNS Number : 5086C
Xaar PLC
18 April 2017
Xaar plc (the "Company")
Director/PDMR Shareholding - SIP Purchase
The Company announces that as a result of purchases of ordinary
shares of 10 pence each in the Company ("Ordinary Shares") at a
price of 370 pence per Ordinary Share by the Xaar plc Share
Incentive Plan (the "SIP") on 13 April 2017, the following
Executive Directors of the Company acquired the following number of
Ordinary Shares in the Company:
Name 2016 No. of No. Total Total % beneficial
of Director Bonus Ordinary of Ordinary No. of beneficial interest
invested Shares Shares Ordinary interest held in
in the acquired acquired Shares in Ordinary Xaar plc
SIP by the by the acquired Shares following
SIP as SIP through of Xaar the SIP
Partnership as Matching the SIP plc following acquisition
shares share the SIP
using awards acquisition
the 2016
Bonus
-------------- ----------- ------------- ------------- ---------- --------------- -------------
Doug
Edwards GBP1,800 486 486 972 33,885 0.043%
-------------- ----------- ------------- ------------- ---------- --------------- -------------
In accordance with the terms of the SIP, the persons named above
were awarded Matching shares equal to the number of Partnership
shares purchased. The Matching shares will vest on the third
anniversary of the date of the award subject to continued
employment for those three years.
All of the shares purchased by the SIP were acquired via
transfer from the Xaar plc ESOP.
1 Details of the person discharging managerial
responsibilities / person closely associated
---- -----------------------------------------------------------------
a) Name
Doug Edwards
---- ---------------------------- -----------------------------------
2 Reason for the notification
---- -----------------------------------------------------------------
a) Position/status Chief Executive Officer
---- ---------------------------- -----------------------------------
b) Initial notification Initial notification
/Amendment
---- ---------------------------- -----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -----------------------------------------------------------------
a) Name Xaar Plc
---- ---------------------------- -----------------------------------
b) LEI 213800MXEC3KAOBBPO57
---- ---------------------------- -----------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
---- -----------------------------------------------------------------
a) Description of Ordinary shares of 10 pence
the financial each
instrument, type
of instrument
----
GB0001570810
----
Identification
code
b) Nature of the Purchase of shares
transaction
---- ---------------------------- -----------------------------------
c) Price(s) and volume(s)
---- ------------ ------------
Price(s) Volume(s)
---- ------------ ------------
3.70 486
0 486
------------ ------------
d) Aggregated information
----
- Aggregated volume 486
486
- Price 3.70
0
e) Date of the transaction 13/4/2017
---- ---------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
---- ---------------------------- -----------------------------------
Enquiries:
Xaar plc +44 (0) 1223 423 663
This information is provided by RNS
The company news service from the London Stock Exchange
END
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