30th Aug 2013 06:39
LONDON (Alliance News) - Xaar PLC said Friday that Chief Executive Officer Ian Dinwoodie sold 150,000 shares on Thursday at 834.50 pence per share to rebalance his pension fund.
Following the sale, Dinwoodie holds 57,449 shares or 0.08% of the supplier of industrial inkjet printheads.
Xaar also said Research and Development Director Ramon Borrell exercised options over 205,357 shares at no cost and sold all the shares on Thursday at 841.0627p per share, leaving his holding in the company at 178,851 shares or 0.24%.
Xaar shares closed Thursday at 830.00 pence per share.
By Tom Waite; [email protected]; @thomaslwaite
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