⌘K
t
| Date | 5 Nov 2021 |
| Time | 10:30:16 |
| Category | Director/PDMR dealings |
| ID | 5116R |
Xaar plc
Grant of Sharesave Options
Xaar plc (the "Company") announces that on 4 November 2021 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 £1.29:
|
Name |
No. of options* granted over Ordinary Shares |
Total no. of options** held post grant |
|
|
|
|
|
Ian Tichias |
5,581 |
378,681 |
|
Graham Tweedale |
5,581 |
200,708 |
* Options granted on 4 November 2021 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 2024 and will then be exercisable for a period of 6 months. The exercise period will therefore be in normal circumstances, from 1 December 2024 until 31 May 2025.
This notification is made in accordance with DTR 3.1.4 R(1).
Enquiries:
|
Xaar plc |
+44 (0)1223 423 663 |
|
Camila Cottage, 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 |
1. Ian Tichias 2. Graham Tweedale |
|||
|
2 |
Reason for the notification |
||||
|
a) |
Position/status |
1. Chief Financial Officer 2. General Manager Printhead Business Unit |
|||
|
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. £1.29 |
1. 5,581 |
|
|
|
|
|
2. £1.29 |
2. 5,581 |
|
|
|
|
|
|
|
|
|
|
d) |
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
1. 5,581 2. 5,581 |
||||
|
|
|
||||
|
- Price |
1. £1.29 2. £1.29 |
||||
|
|
|
||||
|
e) |
Date of the transaction |
1. 4 November 2021 2. 4 November 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||