3rd Apr 2012 07:00
Xaar plc (the "Company")
Grant of Options
The Company announces that on 2 April 2012 the executive directors of the Company were granted the following share options over ordinary shares of 10 pence each in the Company ("Ordinary Shares") under the terms of the 2007 Long Term Incentive Plan ("LTIP"):
Name of Director | No. of options* granted over Ordinary Shares | Total no. of options** held post grant |
Ian Dinwoodie | 86,250 | 955,191 |
Ramon Borrell | 60,417 | 436,136 |
Ted Wiggans | 64,583 | 112,384 |
Alex Bevis | 60,417 | 108,218 |
Richard Barham | 66,667 | 66,667 |
* Options granted under the LTIP scheme.
** Options granted under all schemes.
No consideration was paid for the grant of any of the options, or is due on the exercise of options granted under the LTIP scheme. Options are ordinarily exercisable after 3 years from the date of grant.
Enquiries:
Xaar plc | |
Alex Bevis - Finance Director | 01223 423 663 |
Related Shares:
Xaar