REG-XP Power Ltd: Dealings Disclosure Announcement

XP PowerAnnouncement

14/06/2024 07:30

14 June 2024

 

 

XP POWER LIMITED

 

("XP Power" or the "Company")

 

DEALINGS DISCLOSURE ANNOUNCEMENT

Pursuant to Rule 12.1 of the Singapore Code on Take-overs and Mergers, the
Company wishes to announce, for and on behalf of EBT and Jay Warner, each of
whom is an associate of the Company, the following dealings in Shares on 13
June 2024 in connection with the Vesting:
 
 Date of Dealing  Name of Associate                                             Nature of Dealing                                                          Number of Shares  Dealing Price (GBP £)   Holding in shares following transaction  Resultant % of total Shares in issue following transaction 1  
 13 June 2024     Computershare Trustees (Jersey) Limited - Trustee to the EBT  Transfer in accordance with terms of the LTIP                              8,414             £0                      25,828                                   0.11                                                          
 13 June 2024     Jay Warner - President and Manager of subsidiary company      Settlement of RSUs following Vesting in accordance with terms of the LTIP  3,837             £0                      16,709                                   0.07                                                          
 13 June 2024     Jay Warner - President and Manager of subsidiary company      Sale to fund the tax liability due following Vesting                       1,568             £15.76                  15,141                                   0.06                                                          

1 The percentage shareholding is computed based on a total of 23,681,754
(excluding treasury shares) as of 13 Jun 2024 and rounded to the nearest two
(2) decimal places.

RESPONSIBILITY STATEMENT
The Directors (including those who may have delegated detailed supervision of
this announcement) have taken all reasonable care to ensure that the facts
stated and all opinions expressed herein are fair and accurate and that no
material facts have been omitted from this announcement, the omission of which
would make any statement in this announcement misleading, and they jointly and
severally accept responsibility accordingly.
Where any information has been extracted or reproduced from published or
otherwise publicly available sources or obtained from the Offeror (including,
without limitation, any press release), the sole responsibility of the
Directors has been to ensure, through reasonable enquiries, that such
information is accurately extracted from such sources or, as the case may be,
accurately reflected or reproduced herein.

 

Enquiries:

 XP Power                                                 
 Ruth Cartwright, Company Secretary  +44 (0)118 984 5515  
                                                          
 Citigate Dewe Rogerson                                   
 Kevin Smith/Lucy Gibbs              +44 (0)207 638 9571  

 

 



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