Company Announcements
Director/PDMR Shareholding - SIP Purchase
Related Companies
By LSE RNS
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:
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Name of Director |
2016 Bonus invested in the SIP |
No. of Ordinary Shares acquired by the SIP as Partnership shares using the 2016 Bonus |
No. of Ordinary Shares acquired by the SIP as Matching share awards |
Total No. of Ordinary Shares acquired through the SIP |
Total beneficial interest in Ordinary Shares of Xaar plc following the SIP acquisition |
% beneficial interest held in Xaar plc following the SIP acquisition |
|
Doug Edwards |
£1,800 |
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.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Doug Edwards |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Xaar Plc |
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b)
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LEI
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213800MXEC3KAOBBPO57 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of 10 pence each |
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GB0001570810 |
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Identification code |
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b)
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Nature of the transaction
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Purchase of shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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3.70 0 |
486 486 |
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d)
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Aggregated information |
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- Aggregated volume |
486 486 |
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- Price |
3.70 0
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e)
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Date of the transaction
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13/4/2017 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
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Enquiries:
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Xaar plc +44 (0) 1223 423 663 |
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This information is provided by RNS
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