XPP.GB XP Power Ltd

 
TIDMXPP 
 
24 August 2021 
 
                               XP Power Limited 
 
                         ("XP Power" or "the Company") 
 
                       Director/PDMR Share Transactions 
 
XP Power, one of the world's leading developers and manufacturers of critical 
power control components to the electronics industry, announces that it has 
been notified that on 17 August 2021 Mr. Andy Sng, Executive Vice President, 
Asia exercised options over 855 Ordinary Shares of 1p each in the Company 
("Ordinary Shares") at a price of £0.01 each. On the same day, Mr. Sng sold 855 
Ordinary Shares at a price of £56.75 each. The options were granted on 30 May 
2017 under the Company's Long-Term Incentive Plan. 
 
The notification below, made in accordance with the requirements of Article 19 
of the EU Market Abuse Regulations, as it forms part of domestic law by virtue 
of The European Union (Withdrawal) Act 2018, gives further details. 
 
1     Details of the person discharging managerial responsibilities 
 
a)    Name                        Andy Sng 
 
2     Reason for the notification 
 
a)    Position/status             Executive Vice President, Asia and Director 
                                  (PDMR) 
 
b)    Initial notification /      Initial Notification 
      Amendment 
 
3     Details of the issuer, emission allowance market participant, auction 
      platform, auctioneer or auction monitor 
 
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, type  Ordinary shares of £0.01 each ("Ordinary 
      of instrument               Shares") 
      Identification code         SG9999003735 
 
b)    Nature of the transaction   1)  Exercise of options granted on 30 May 2017 
                                      under the XP Power Limited Long-Term 
                                      Incentive Plan 2017 ("Award"). 
 
                                  2)  Sale of shares following the exercise of the 
                                      Award. 
 
c)    Price(s) and volume(s)      Price(s)           Volume(s) 
 
                                  1)   £0.01         855 
 
                                  2)   £56.75        855 
 
d)    Aggregated information      Aggregated Volume  Aggregated Prices 
       - Aggregated volume 
       - Price                    1)   855           £8.55 
 
                                  2)   855           £48,521.25 
 
e)    Date of the transaction       1) and 2) 17 August 2021 
 
f)    Place of the transaction      1) Outside a trading venue and 2) XLON 
 
Enquiries: 
 
XP Power 
 
Gavin Griggs, Chief Executive Officer                +44 (0)118 976 5155 
 
Oskar Zahn, Chief Financial Officer                    +44 (0)118 976 5155 
 
Citigate Dewe Rogerson 
 
Kevin Smith/Jos Bieneman                               +44 (0)207 638 9571 
 
 
 
END 
 
 

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August 24, 2021 04:49 ET (08:49 GMT)

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