12th May 2014 17:14
LONDON (Alliance News) - Xaar PLC Monday said that Research & Development Director Ramon Borrell exercised options over a total of 40,000 shares on May 9 and May 12, and sold them all at 770 pence and 754.6667 pence each.
The company said that Borrell sold 10,000 shares on May 9 at a price of 770 pence per share and sold 30,000 shares on May 12 at a price of 754.6667 pence per share.
Borrell still hold 181,721 shares in the company.
Xaar shares closed 0.8% higher Monday at 770.20 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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