Business
Grant of Sharesave Options
Grant of Sharesave Options.
About this update from Xaar Plc
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 £1.40: Name No. of options* granted over Ordinary Shares Total no. of options** 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 [email protected] 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. Chief Operations Officer 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. £1.40 1. 3,857 2. £1.40 2. 3,857 d) Aggregated information - Aggregated volume 1. 3,857 2. 3,857 - Price 1. £1.40 2. £1.40 e) Date of the transaction 1. 3 November 2022 2. 3 November 2022 f) Place of the transaction Outside a trading venue