Business
Grant of Options - Share Save
Grant of Options - Share Save.
About this update from Xaar Plc
[{"type":"text","content":"\n \nRNS Number : 9796S Xaar PLC 30 September 2014 \n\nXaar plc (the \"Company\")\nGrant of Options - Share Save\nThe Company announces that on 29 September 2014 the following persons discharging managerial responsibilities of the Company were granted share options over ordinary shares of 10 pence each in the capital of the Company (\"Ordinary Shares\") under the terms of the 2007 Share Save Scheme (the \"Scheme\"), at an exercise price per Ordinary Share of £3.38:\n\n\n\n\nName\n\n\nRole\n\n\nNo. of options* granted over Ordinary Shares\n\n\nTotal no. of options** held following grant\n\n\n\n\nTed Wiggans\n\n\nOperations and Quality Director\n\n\n5,325\n\n\n188,755\n\n\n\n\nRichard Barham\n\n\nSales and Marketing Director\n\n\n2,662\n\n\n128,743\n\n\n\n\nEdmund Creutzmann\n\n\nChief Technical Officer\n\n\n5,325\n\n\n24,791\n\n\n\n\nAlex Bevis\n\n\nFinance Director\n\n\n5,325\n\n\n208,069\n\n\n\n\nBrian James\n\n\nDirector of R&D - Bulk Piezo\n\n\n5,325\n\n\n20,217\n\n\n\n\nMark Alexander\n\n\nDirector of Marketing\n\n\n1,065\n\n\n56,913\n\n\n\n\n \n* Options granted on 29 September 2014 under the Scheme\n** Options granted over Ordinary Shares under all schemes\nNo consideration was paid for the grant of these options.\nThe 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 November 2017 and will then be exercisable for a period of 6 months. The exercise period will therefore be in normal circumstances, from 1 November 2017 until 30 April 2018.\nThis notification is made in accordance with DTR 3.1.4 R(1).\nEnquiries:\n\n\n\n\nXaar plc\n\n\n \n\n\n\n\nAlex Bevis - Finance Director\n\n\n01223 423 663\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSMMGFLRGMGDZG\n ","length":4080,"tagName":"div"}]