REG-XP Power Ltd: Director/PDMR Shareholding

XP PowerAnnouncement

10/08/2020 07:05

10 August 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 7 August 2020 Mr. Andy Sng,
Executive Vice President, Asia exercised options over 854 Ordinary Shares of
1p each in the Company (“Ordinary Shares”) at a price of £0.01 each. On
the same day Mr. Sng sold 854 Ordinary Shares at a price of £43.0237. The
shares were granted on 30 May 2017 under the Company's Long-Term Incentive
Plan.

The Company further announces that it has been notified that on 7 August 2020
Mr. Sng exercised nil-cost options over 420 Ordinary Shares granted on 2 March
2018 under the Company’s Deferred Bonus Plan. On the same day Mr. Sng sold
420 Ordinary Shares at a price of £43.0237.

Following the transactions, there is no change to Mr. Sng’s beneficial
interest in 24,000 Ordinary Shares, representing 0.1% 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 Vice President, Asia                                                                                                        
 (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)                                                          
                                                                         £43.0237                                                           854 (Long Term Incentive Plan)                                     
                                                                         £43.0237                                                           420 (Deferred Bonus Plan)                                          
                                                                                                                                                                                                               
 (e)  Aggregated information - Aggregated volume - Price                 Aggregate volume – 1,274 Aggregate price - £43.0237                                                                                   
 (f)  Date of the transaction                                            7 August 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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