Xaar PLC Grant of Sharesave Options (2629F)

TIDMXAR

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 GBP1.40:

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                   1. Ian Tichias 
                                               2. Graham Tweedale 
      -------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                        1. Chief Financial Officer 
                                               2. Chief Operations Officer 
      -------------------------------------  ------------------------------------------ 
 b)    Initial notification                   Initial Notification 
        /Amendment 
      -------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                                   Xaar plc 
      -------------------------------------  ------------------------------------------ 
 b)    LEI                                    213800MXEC3KAOBBPO57 
      -------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                     Ordinary shares of 10 pence each 
        financial instrument, 
        type of instrument 
 
       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. GBP1.40                                                        1. 3,857 
   ----------------------------------------------------------------  ---------------- 
    2. GBP1.40                                                        2. 3,857 
   ----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
       - Aggregated volume                    1. 3,857 
    2. 3,857 
 
       - Price                                1. GBP1.40 
    2. GBP1.40 
 
 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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END

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November 03, 2022 09:38 ET (13:38 GMT)

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