Xaar PLC Publication - Circular & Notice of General Meeting (8639S)
08 Noviembre 2019 - 10:15AM
UK Regulatory
TIDMXAR
RNS Number : 8639S
Xaar PLC
08 November 2019
Xaar plc
Publication of Circular and Notice of General Meeting
Further to Xaar's (the "Company") announcement on 12 September
2019, the Company is pleased to announce that the circular (the
"Circular") in relation to the proposed increase of investment by
Stratasys in Xaar 3D with an option for Stratasys to acquire the
whole of Xaar 3D within 3 years (the "Transaction") has been
approved by the Financial Conduct Authority.
The Transaction is subject to the approval of the Company's
shareholders. Accordingly, the Circular contains a notice convening
a General Meeting which is to be held at Xaar plc, 316 Science
Park, Milton Road, Cambridge, CB4 0XR, UK at 10 a.m. on Wednesday
27 November 2019 at which a resolution will be proposed for the
Company's shareholders to approve the Transaction (the "Notice of
General Meeting").
The Circular and Notice of General Meeting will be submitted to
the Financial Conduct Authority's National Storage Mechanism and
will be available for inspection on its website at
http://www.morningstar.co.uk/uk/NSM.
A copy of the Circular and Notice of General Meeting will also
be available for viewing on the Company's website at
https://www.xaar.com/en/investor-centre/ and will be posted to the
Company's shareholders.
Words and phrases used, but not defined in this announcement,
shall have the same meaning as in the Circular.
Enquiries:
Xaar plc +44 (0)1223 423 663
John Mills, Chief Executive Officer
Shomit Kenkare, Chief Financial Officer
Jefferies International (Financial advisor
and Sponsor) +44 (0)20 7029 8000
Max Jones
Will Soutar
Tulchan Communications +44 (0)20 7353 4200
James Macey White
About Xaar
Xaar is a world leader in the development of digital inkjet
technology. Our technology drives the conversion of analogue
printing and manufacturing methods to digital inkjet which is more
efficient, more economical and more productive than the traditional
methods which have been in use for years. We design and manufacture
printheads as well as systems for product decoration and 3D
Printing which use our inkjet technology.
About Stratasys
Stratasys is a global leader in additive technology solutions
for industries including Aerospace, Automotive, Healthcare,
Consumer Products and Education. For nearly 30 years, a deep and
ongoing focus on customers' business requirements has fueled
purposeful innovations - 1,200 granted and pending additive
technology patents to date - that create new value across product
lifecycle processes, from design prototypes to manufacturing tools
and final production parts.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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