20 September
2016
XP Power Limited
Director/PDMR Shareholding
XP Power Limited ("the Company") has today been notified that
Mr. Andy Sng, Executive Director,
has exercised options over 30,000 ordinary shares of 1p each in the
Company (“Ordinary Shares”), granted on 26
April 2007 under the Company's Share Option Plan at a price
of 507.25p per Ordinary Share, and on 19
September 2016 sold 10,000 Ordinary Shares at a price of
1700.00p each.
Following the transaction, Mr. Sng’s interest in Ordinary Shares
of the Company increased from 21,000 Ordinary Shares to 41,000
Ordinary shares, now representing 0.21% 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 Director |
| (b) |
Initial notification/ Amendment |
Initial
notification |
| 3. |
Details of the
issuer |
| (a) |
Name |
XP POWER LIMITED |
| (b) |
LEI |
|
| 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 of
options and sale of shares |
| (d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
507.25 pence (exercise price) |
30,000 |
|
|
1,700.00 pence (sale price) |
10,000 |
|
|
|
| (e) |
Aggregated
information
-
Aggregated volume
- Price |
N/A |
| (f) |
Date of the transaction |
- 19 Sept 2016: Exercise of 10,000 options
- 19 September 2016: Disposal of 10,000 shares
- 20 Sept 2016: Exercise of 20,000 options
|
| (g) |
Place of the transaction |
London Stock
Exchange |
Enquiries:
XP Power
Duncan Penny, Chief Executive
Officer +44 (0)118 976 5086
Jonathan Rhodes, Finance Director
+44 (0)118 976 5074
Citigate Dewe Rogerson +44 (0)20 7638 9571
Kevin Smith/Jos Bieneman