REG - Xaar PLC - Director/PDMR Shareholding - SIP Purchase <Origin Href="QuoteRef">XAR.L</Origin>
RNS Number : 5086CXaar PLC18 April 2017Xaar 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 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.
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 /Amendment
Initial notification
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 the financial instrument, type of instrument
Ordinary shares of 10 pence each
GB0001570810
Identification code
b)
Nature of the transaction
Purchase of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.70
0
486
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 RNSThe company news service from the London Stock ExchangeENDDSHEAKLDFEDXEFF
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