Director/PDMR Shareholding

24 June 2014

Xchanging plc

PDMR Shareholding

Xchanging plc ('Xchanging'), the business process, procurement and technology services provider, was informed on 23 June 2014 of the following transactions by persons discharging managerial responsibility ('PDMR'):

a) David Bauernfeind, CFO

On 23 June 2014, following the vesting of 112,539 shares previously awarded to him under the Xchanging plc 2007 Performance Share Plan, Mr Bauernfeind sold 53,080 ordinary shares of 5p each (representing 0.021% of the issued share capital of Xchanging) at a price of 150p per share, to cover the tax and national insurance payable on the value of the vested shares.

b) Ken Lever, CEO

On 23 June 2014, following the vesting of 82,266 shares previously awarded to him under the Xchanging plc 2007 PerformanceShare Plan, Mr Lever sold 38,802 ordinary shares of 5p each in Xchanging plc at a price of 150p per share, to cover the tax and national insurance payable on the value of the vested shares. He transferred the remaining 43,464 ordinary shares to his spouse, Denise Lever. The total transaction represents 0.033% of the issued share capital of Xchanging.

Following these transactions, the total number of ordinary shares held by each PDMR (including those held by their connected persons) has increased to:

· 500,959 ordinary shares (approximately 0.205% of Xchanging's issued share capital) for Mr Bauernfeind; and

· 609,478 ordinary shares (approximately 0.249% of Xchanging's issued share capital) for Mr Lever.

The above transactions took place on the London Stock Exchange on 23 June 2014. This notification is made in accordance with DTR 3.1.4R(1)(a).

Anna Myburgh

Assistant Group Company Secretary

+44 203 604 5001

Xchanging

What we are 

Xchanging provides business processing, technology and procurement services internationally for customers across multiple industries.

What we do

Xchanging brings innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do.

What we want to be

Xchanging wants to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

www.xchanging.com

@XchangingGroup

Linkedin/company/xchanging