Xaar PLC Issue of Equity - Share Scheme and Block Listing (0336B)
January 05 2018 - 2:00AM
UK Regulatory
TIDMXAR
RNS Number : 0336B
Xaar PLC
05 January 2018
5 January 2018
Xaar plc (the "Company")
Issue of Equity Under Share Scheme and Block Listing
Application
The Company announces that an application has been made to the
Financial Conduct Authority and to the London Stock Exchange for a
block listing of 1,460,544 ordinary shares of 10 pence each
("Ordinary Shares") to be admitted to the Official List of the FCA
and to trading on the main market of the London Stock Exchange in
respect of the following share schemes (the "Share Schemes"):
Share Scheme Ordinary Shares
Xaar 2007 Sharesave Plan 378,234
Xaar 2007 Long Term Incentive Plan 1,082,310
It is expected that the block listing in respect of the
1,460,544 Ordinary Shares will become effective on 11 January 2018.
The Ordinary Shares will be allotted pursuant to the rules of the
Share Schemes and will rank pari passu in all respects with the
existing Ordinary Shares of the Company.
In addition, the Company has issued 245,346 Ordinary Shares
under the Xaar 2007 Sharesave Plan ("Sharesave Shares") as follows:
157,052 on 1 November 2017 (issuance of 278,653 Ordinary Shares of
which 121,601 were through the Company's block admission), 30,148
on 7 November 2017, 7,455 on 13 November 2017, 9,052 on 14 November
2017, 15,441 on 21 November 2017, 3,727 on 30 November 2017, 3,195
on 1 December 2017, 16,081 on 4 December 2017, 1,065 on 13 December
2017, and 2,130 on 20 December 2017.
The Sharesave Shares rank pari passu with all existing Ordinary
Shares. Application has been made to the Financial Conduct
Authority and the London Stock Exchange and for admission of the
Sharesave Shares to the Official List of the FCA and to trading on
the main market of the London Stock Exchange. Admission of the
Sharesave Shares is expected to take place on 11 January 2018.
Total Voting Rights
The Company confirms that its issued share capital consists of
78,329,296 ordinary shares of 10 pence each. There are no Ordinary
Shares held in treasury. Of the 78,329,296 Ordinary Shares, 141,838
Ordinary Shares are held in the Xaar plc Share Incentive Plan trust
and do not hold voting rights.
Accordingly, the total number of voting rights in Xaar plc at
the date of this notice is 78,187,458.
Included in the total number of voting rights are 91,250
Ordinary Shares currently held by Xaar Trustee Ltd and 1,317,727
Ordinary Shares currently held by the Xaar plc ESOP trust.
The above figure (78,187,458) may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, Xaar plc under the FCA's Disclosure and Transparency
Rules.
Enquiries:
Xaar plc
Lily Liu - Chief Financial Officer +44 (0) 1223 423 663
This information is provided by RNS
The company news service from the London Stock Exchange
END
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