REG - Xaar PLC - Director/PDMR Shareholding - SIP Purchase <Origin Href="QuoteRef">XAR.L</Origin>

XaarAnnouncement

15/04/2016 10:00

RNS Number : 3409V
Xaar PLC
15 April 2016
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 489 pence per Ordinary Share by the Xaar plc Share Incentive Plan (the "SIP") on 14 April 2016, the following Executive Directors of the Company acquired the following number of Ordinary Shares in the Company:
Name of Director
2015 Bonus invested in the SIP
No. of Ordinary Shares acquired by the SIP as Partnership shares using the 2015 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
368
368
736
26,821
0.035%
Alex Bevis
1,800
368
368
736
58,558
0.075%
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.
Enquiries: 
Xaar plc

Alex Bevis - Chief Financial Officer
+44 (0) 1223 423 663

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