Xaar PLC Notification of Transactions of Directors & PDMRs (4037W)

TIDMXAR

RNS Number : 4037W

Xaar PLC

12 December 2023

Xaar plc

Notification of Transactions of Directors and PDMRs

Xaar plc (the "Company") was notified on 11 December 2023 that the Person Discharging Managerial Responsibilities ("PDMR") listed below has exercised options over ordinary 10 pence shares in the Company ("Shares") under the Company's 2017 Sharesave Plan.

 
 Name          Date of     Option Price  No of options   Date of Exercise 
  of PDMR       Grant       (GBP)         exercised 
 Ian Tichias   02/11/2020  GBP1.02       5,294           01/12/2023 
  (Director) 
              -----------  ------------  -------------  ----------------- 
 

Mr Tichias retained 5,294 ordinary 10p shares following the exercise of options.

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                             [phone] 
Julia Crane,                         [e-mail] 
 Company Secretary & Legal Counsel 
 
 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                                     Ian Tichias 
       ---------------------------------------  ----------------------------------------- 
        Reason for the notification 
  2 
       ---------------------------------------------------------------------------------- 
 a)     Position/status                          Chief Financial Officer (Director) 
       ---------------------------------------  ----------------------------------------- 
 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                Exercise of Options under the Xaar 
                                                  plc 2017 Sharesave Plan 
       ---------------------------------------  ----------------------------------------- 
 c)     Price(s) and volume(s) 
                                                 ------------------  ------------------ 
                                                  Price(s)            Volume(s) 
                                                 ------------------  ------------------ 
    GBP1.02                                                           5,294 
   ----------------------------------------------------------------  ------------------ 
 
 d)     Aggregated information 
 
  - Aggregated volume                      5,294 
 
  - Price                                  GBP5,399.88 
 
 e)     Date of the transaction                  1 December 2023 
       ---------------------------------------  ----------------------------------------- 
 f)     Place of the transaction                 Outside a trading venue 
       ---------------------------------------  ----------------------------------------- 
 

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December 12, 2023 04:00 ET (09:00 GMT)