02 May 2017
XP Power Limited
Correction - Director/PDMR Shareholding
This announcement relates to the Director/PDMR Shareholding announcement
released at 16:35 on 27 April 2017 correcting an error relating to the
beneficial interest of Mr. Michael R Laver, President Global Sales and
Marketing. The correct beneficial interest is as follows:
Following the transaction in which Mr Laver sold 8,475 Ordinary Shares of 1p
each in XP Power Limited on 24 April 2017, Mr. Laver has a beneficial interest
in 111,494 Ordinary Shares, representing 0.58% of the issued share capital of
the Company.
It had previously been announced that Mr. Michael R Laver had a beneficial
interest in 172,244 Ordinary Shares representing 0.90% of the issued share
capital of the Company following the transaction. This figure erroneously
included 60,750 share options which have vested but have not been exercised.
1. Details of the person discharging managerial responsibilities/person closely associated
(a) Name Michael R Laver
2. Reason for the notification
(a) Position/status President Global Sales and Marketing
(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)
507.25 pence (exercise price) 8,475
2,495.00 pence (sale price) 8,475
(e) Aggregated information - Aggregated volume - Price N/A
(f) Date of the transaction 24 April 2017
(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) 7500 944 614
Citigate Dewe Rogerson +44 (0)20 7638 9571
Kevin Smith/Jos Bieneman
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