RNS Number:6558K
XL TechGroup, Inc.
28 December 2007




Press Release                                                   28 December 2007



                               XL TechGroup, Inc.

                       ("XL TechGroup" or "the Company")



                           Director/PDMR shareholding



XL TechGroup (AIM: XLT), the creator of companies that solve identified, global
unmet market needs, has been advised that a number of Directors, as well as
employees owning more than three per cent of the Company's issued shares, have
donated shares for nil consideration to XL TechGroup Employees Charitable Fund,
Inc. (the "Fund"), as follows:


Name of Director /         Number of shares donated  Beneficial holding         Beneficial holding as % of
Employee                                             following donation         issued share capital
John Scott (Director)      50,000                    6,362,361                  12.32
David Szostak (Director)   50,000                    2,082,179                  4.03
Harold Gubnitsky           75,000                    2,052,179                  3.98
(Employee)
Ottmar Dippold (Employee)  80,000                    2,018,823                  3.91



The Fund is a newly founded not-for-profit corporation which qualifies as a
public charity under US tax laws and was created to encourage and support
charitable giving and charitable activities by employees and directors of XL
TechGroup and its related companies.  In addition to contributions of stock or
other property, XL TechGroup will enable automatic payroll donations for
employees seeking to have automatic cash contributions made to the Fund.  The
proceeds from donations of cash or property will be distributed by the Fund to a
range of qualified charities over time, with the disposal of any shares to be
handled in a managed way based on advice from the Company's broker.



                                    - Ends -




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RDSIFFIVFFLRFID

XL Tech. (LSE:XLT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more XL Tech. Charts.
XL Tech. (LSE:XLT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more XL Tech. Charts.