12 June 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 10 June 2020 Mr. Duncan Penny, Chief
Executive Officer, exercised options over 60,750 Ordinary Shares of 1p each in
the Company (“Ordinary Shares”) at a price of £9.46 each. On the same day
Mr. Penny sold 60,750 Ordinary Shares at a price of £35.14. The shares were
granted on 10 October 2012 under the Company's Share Option Plan.
Following the transaction, there is no change to Mr. Penny’s beneficial
interest in 206,990 Ordinary Shares, representing 1.1% of the issued share
capital of the Company.
1. Details of the person discharging managerial responsibilities/person closely associated
(a) Name Duncan Penny
2. Reason for the notification
(a) Position/status Chief Executive Officer
(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)
£9.46 (exercise price) 60,750
£35.14 (sale price) 60,750
(e) Aggregated information - Aggregated volume - Price N/A
(f) Date of the transaction 10 June 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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