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XP Power Ltd (XPP)

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Monday 10 August, 2020

XP Power Ltd

Director/PDMR Shareholding

10 August 2020

XP Power Limited

Director/PDMR Shareholding

XP Power Limited ("the Company"), one of the world’s leading developers and manufacturers of critical power control components to the electronics industry, has today been notified that on 7 August 2020 Mr. Andy Sng, Executive Vice President, Asia exercised options over 854 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) at a price of £0.01 each. On the same day Mr. Sng sold 854 Ordinary Shares at a price of £43.0237. The shares were granted on 30 May 2017 under the Company's Long-Term Incentive Plan.

The Company further announces that it has been notified that on 7 August 2020 Mr. Sng exercised nil-cost options over 420 Ordinary Shares granted on 2 March 2018 under the Company’s Deferred Bonus Plan. On the same day Mr. Sng sold 420 Ordinary Shares at a price of £43.0237.

Following the transactions, there is no change to Mr. Sng’s beneficial interest in 24,000 Ordinary Shares, representing 0.1% of the issued share capital of the Company.

1. Details of the person discharging managerial responsibilities/person closely associated
(a) Name Andy Sng
2. Reason for the notification
(a) Position/status Executive Vice President, Asia
(b) Initial notification/ Amendment Initial notification
3. Details of the issuer
(a) Name XP POWER LIMITED
(b) LEI 213800I7RWQ3FV72EZ26
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.01 each
(b) Identification code of the Financial Instrument SG9999003735
(c) Nature of the transaction Exercise and sale of options
(d) Price(s) and volume(s) Price(s) Volume(s)
£43.0237 854 (Long Term Incentive Plan)
£43.0237 420 (Deferred Bonus Plan)
(e) Aggregated information
-  Aggregated volume
-   Price


Aggregate volume – 1,274
Aggregate price - £43.0237
(f) Date of the transaction 7 August 2020
(g) Place of the transaction London Stock Exchange

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer +44 (0)118 984 5515

Gavin Griggs, Chief Financial Officer +44 (0)118 984 5515

Citigate Dewe Rogerson +44 (0)20 7638 9571

Kevin Smith/Jos Bieneman


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