REG - Xaar PLC - Notification of Transactions of Directors & PDMRs

XaarAnnouncement

07/05/2025 15:30

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RNS Number : 7047H  Xaar PLC  07 May 2025

7 May 2025

Xaar plc

Notification of Transactions of Directors and PDMRs

Xaar plc (the "Company") announces that the Directors and Person Discharging
Managerial Responsibilities ("PDMR") listed below were granted awards on 6 May
2025 over ordinary 10 pence shares in the Company ("Shares") under the
Company's 2017 Long Term Incentive Plan.

 Name of Director/PDMR  Number of Shares awarded
 John Mills             612,791

 (Executive Director)
 Paul James             373,878

 (Executive Director)
 Graham Tweedale        166,151

 (PDMR)

The price used to calculate the number of Shares awarded above was £1.003 per
Share, this being the Company's average closing share price over the two
business days from 1 May 2025 to 2 May 2025 inclusive.

The awards have been granted subject to performance conditions. Adjusted aPBT,
Revenue and relative TSR performance will be used to measure performance over
a three-year period to 31 December 2027 with a further two-year holding period
following the end of the performance period (for the executive directors). As
for 2024, given the turnaround position of the Company, the Board considers
the aPBT and Revenue performance targets for the LTIP awards to be granted in
2025 to be commercially sensitive information at this time but, as in past
years, will fully disclose the exact measurements retrospectively. The TSR
performance condition will be the same as for the awards granted in 2024, as
set out in the 2024 Annual Report.

The FCA notification, made in accordance with the requirements of
the UK Market Abuse Regulation is appended below and gives further details
on the transactions described above.

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

 

Enquiries:

 Xaar plc            +44 (0)1223 423 663
 Julia Crane,        investor.relations@xaar.com (mailto:investor.relations@xaar.com)

 Company Secretary

 

 

 

 

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 & Executive Director

 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 Long Term Incentive Plan
 c)  Price(s) and volume(s)
                                                                                     Price(s)           Volume(s)
                                                                                     £nil               612,791

 d)  Aggregated information

     - Aggregated volume                                          612,791

     - Price                                                      £nil

 e)  Date of the transaction                                      6 May 2025

 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 & Executive Director

 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 Long Term Incentive Plan
 c)   Price(s) and volume(s)
                                                                                      Price(s)           Volume(s)
                                                                                      £nil               373,878

 d)   Aggregated information

      - Aggregated volume                                          373,878

      - Price                                                      £nil

 e)   Date of the transaction                                      6 May 2025

 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 Operating Officer & 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 10 pence each

     Identification code                                          GB0001570810

 b)  Nature of the transaction                                    Grant of Options under the Xaar plc 2017 Long Term Incentive Plan
 c)  Price(s) and volume(s)
                                                                                     Price(s)           Volume(s)
                                                                                     £nil               166,151

 d)  Aggregated information

     - Aggregated volume                                          166,151

     - Price                                                      £nil

 e)  Date of the transaction                                      6 May 2025

 f)  Place of the transaction                                     Outside a trading venue

 

 

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