REG - Xaar PLC - Grant of Sharesave Options

XaarAnnouncement

03/11/2022 13:45

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RNS Number : 2629F  Xaar PLC  03 November 2022

Xaar plc

Grant of Sharesave Options

Xaar plc (the "Company") announces that on 3 November 2022 the following
persons discharging managerial responsibilities of the Company were granted
share options over ordinary shares of 10 pence each in the Company ("Ordinary
Shares") under the terms of the Xaar 2017 Sharesave Scheme (the "Scheme"), at
an exercise price per Ordinary Share of £1.40:

 Name             No. of options* granted over Ordinary Shares  Total no. of options** held post grant

 Ian Tichias      3,857                                         481,641
 Graham Tweedale  3,857                                         243,864

 

* Options granted on 3 November 2022 under the Scheme

** Options granted under all schemes

 

No consideration was paid for the grant of these options.

The options granted under the Scheme are, in normal circumstances, not
exercisable until the completion of a 3 year savings period, which will end on
1 December 2025 and will then be exercisable for a period of 6 months. The
exercise period will therefore be in normal circumstances, from 1 December
2025 until 31 May 2026.

This notification is made in accordance with DTR 3.1.4 R(1).

 

 

Enquiries:

 Xaar plc                        +44 (0)1223 423 663
 Ian Tichias, Company Secretary  investor.relations@xaar.com (mailto:investor.relations@xaar.com)

 

 

 

 

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                                                         1.   Ian Tichias

                                                                  2.   Graham Tweedale
 2   Reason for the notification
 a)  Position/status                                              1.   Chief Financial Officer

                                                                  2.   Chief Operations 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

     Identification code                                          GB0001570810

 b)  Nature of the transaction                                    Grant of Options under the Xaar plc 2017 Sharesave Scheme
 c)  Price(s) and volume(s)
                                                                                    Price(s)          Volume(s)
                                                                                    1.   £1.40        1.   3,857
                                                                                    2.   £1.40        2.   3,857

 d)  Aggregated information

     - Aggregated volume                                          1. 3,857

                                                                  2. 3,857

     - Price                                                      1. £1.40

                                                                  2. £1.40

 e)  Date of the transaction                                      1.   3 November 2022

                                                                  2.   3 November 2022
 f)  Place of the transaction                                     Outside a trading venue

 

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