REG - Xaar PLC - Director/PDMR Shareholding
06/05/2026 07:00
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RNS Number : 1346D Xaar PLC 05 May 2026
5 May 2026
Xaar plc
("Xaar", the "Group" or the "Company")
Director/ PDMR Shareholding
Xaar the leading inkjet printing technology group, has today been notified of
the following transactions in relation to Persons Discharging Managerial
Responsibility ("PDMR") in respect of ordinary shares of 10 pence each in
the Company ("Shares").
1. Grant of Performance Share Awards
On 1 May 2026, the following conditional performance awards were granted to
each of John Mills, Chief Executive Officer, Paul James, Chief Financial
Officer and Graham Tweedale, Chief Operating Officer under the Xaar 2017 Long
Term Incentive Plan ("LTIP"). These conditional awards will vest on the third
anniversary of grant at nil cost, subject to the following performance
conditions: 60% based on adjusted profit before tax ("PBT") and 40% based on
relative total shareholder return ("TSR") measured against the Deutsche Numis
Smaller Companies Index (excluding Investment Trusts and Financial Services).
For each performance element, 25% of the award will vest for median
performance, with full vesting for upper‑quartile performance. Vesting will
occur on a straight‑line basis between these points. In addition, the awards
are subject to a two‑year post‑vesting holding period.
John Mills 452,583
Paul James 276,132
Graham Tweedale 122,714
2. Grant of Deferred Bonus Plan Awards
On the same date, the following awards were granted to each of John Mills and
Paul James under the Deferred Bonus Plan ("DBP"). The DBP Awards are due to
vest on the second anniversary of grant at nil cost and are not subject to
performance conditions:
John Mills 55,194
Paul James 31,250
The preceding five-day average share price, closing on 30 April 2026,
of £1.392 was used in determining each of the awards made under the LTIP and
DBP.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Mills
2 Reason for the notification
a) Position/status Chief Executive Officer and PDMR
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 10p each in Xaar Plc
Identification code GB0001570810
b) Nature of the transaction Grant of conditional performance share awards under the Long-Term Incentive
Plan (LTIP)
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 452,583
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 1 May 2026
f) Place of the transaction Outside a trading venue
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 10p each in Xaar Plc
Identification code GB0001570810
b) Nature of the transaction Grant of deferred bonus plan awards under the Deferred Bonus Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 55,194
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 1 May 2026
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
1 May 2026
f)
Place of the transaction
Outside a trading venue
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 10p each in Xaar Plc
Identification code
GB0001570810
b)
Nature of the transaction
Grant of deferred bonus plan awards under the Deferred Bonus Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£0 55,194
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
1 May 2026
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Paul James
2 Reason for the notification
a) Position/status Chief Financial Officer and PDMR
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 10p each in Xaar Plc
Identification code GB0001570810
b) Nature of the transaction Grant of conditional performance share awards under the Long-Term Incentive
Plan (LTIP)
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 276,132
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 1 May 2026
f) Place of the transaction Outside a trading venue
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 10p each in Xaar Plc
Identification code GB0001570810
b) Nature of the transaction Grant of deferred bonus plan awards under the Deferred Bonus Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 31,250
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 1 May 2026
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
1 May 2026
f)
Place of the transaction
Outside a trading venue
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 10p each in Xaar Plc
Identification code
GB0001570810
b)
Nature of the transaction
Grant of deferred bonus plan awards under the Deferred Bonus Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£0 31,250
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
1 May 2026
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Graham Tweedale
2 Reason for the notification
a) Position/status Chief Operations Officer and PDMR
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 10p each in Xaar Plc
Identification code GB0001570810
b) Nature of the transaction Grant of conditional performance share awards under the Long-Term Incentive
Plan (LTIP)
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 122,714
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 1 May 2026
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
1 May 2026
f)
Place of the transaction
Outside a trading venue
Enquiries:
Pheobe Greenwood - Company Secretary Tel: +44 (0) 1223 423 663
E mail: investor.relations@xaar.com (mailto:investor.relations@xaar.com)
Xaar Plc's LEI code is 213800MXEC3KAOBBPO57
Classification: 2.2 Information disclosed under article 19 of the Market Abuse
Regulation
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