Xaar appoints Stuart Widdowson to its Board as Non-Executive Director

– UK, Cambridge –  Xaar plc (LON: XAR), a leading inkjet printing technology group, today announced the appointment of Stuart Widdowson to its Board as a Non-Executive Director effective from 27 February 2024.

About Stuart Widdowson

Stuart Widdowson is the Managing Partner of Odyssean Capital, which he founded in 2017 and is under a relationship agreement with Xaar. From 2009 until 2017, he was the lead fund manager of Strategic Equity Capital plc, which experienced a turnaround in its performance and rating during his tenure. He began his career as a strategy consultant undertaking commercial due diligence and strategy projects for private equity and corporate clients, before working for HgCapital, a leading private equity investor.

As of the last practicable date, the total shareholding of funds managed by Odyssean Capital was 13,175,000 ordinary shares in the Company representing approximately 16.6 percent. of the share capital. Additionally, Mr Widdowson beneficially owns 25,000 Ordinary Shares, and the joint venture partner of Odyssean Capital, Harwood Capital, owns 1,050,000 Ordinary Shares.

SOURCE: https://www.xaar.com/en/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.