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DIRECTOR DEALINGS: Xaar Directors Sell Shares

17th Apr 2014 11:33

LONDON (Alliance News) - Xaar PLC said Thursday that under the Long Term Incentive Plan a number of directors have exercised and sold shares on Friday as shown below:

Name

Role

LTIP options granted on 11 April 2011

No. of shares exercised and sold

Transaction date

Sale price per share

Share holding before & after the transaction

Beneficial interest in the Company

Ian Dinwoodie

CEO

89,889

88,889

16 April 2014

832 pence

57,449

0.08%

Alex Bevis

Finance Director

43,556

30,000

16 April 2014

832 pence

46,617

0.06%

Ramon Borrell

Director of R&D - Thin Film

60,844

60,844

17 April 2014

850 pence

181,721

0.24%

Mark Alexander

Director of Marketing

25,822

25,822

17 April 2014

850 pence

4,084

0.005%

 

The company also said that Chairman Phil Lawler sold 1,500 shares at a price of 850 pence per share.

Following this transaction, Lawler now holds 99,930 shares, representing 0.13% of the current issued share capital in the company.

Xaar shares were trading at 852.62 pence per share Thursday afternoon, down 1.0%.


By Henry Quintana

Copyright 2014 Alliance News Limited. All Rights Reserved.


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Xaar
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