REG-XP Power Ltd: Director/PDMR Shareholding

XP PowerAnnouncement

10/12/2024 07:15

10 December 2024

 

XP Power Limited

 

("XP Power" or "the Company")

 

Director/PDMR Share Transactions

XP Power announces that it has been notified by Gavin Griggs, CEO, that on 6
December 2024, he exercised options over 3,102 ordinary shares of 1p each in
the Company ("Ordinary Shares") at nil cost and retained the Ordinary Shares
in full. The options exercised, granted in 2021 under the Company's Deferred
Bonus Plan, were approaching their expiry date.

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, gives further details.

 1                  Details of the person discharging managerial responsibilities                                                                                                                                                                                         
 a)                 Name                                                                             Gavin Griggs                                                                                                                                                         
 2                  Reason for the notification                                                                                                                                                                                                                           
 a)                 Position/status                                                                  Chief Executive Officer                                                                                                                                              
 b)                 Initial notification /Amendment                                                  Initial Notification                                                                                                                                                 
 3                  Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                                                                         
 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, type of instrument Identification code  Ordinary shares of £0.01 each ("Ordinary Shares") SG9999003735                                                                                                       
 b)                 Nature of the transaction                                                        1)                                                                 Exercise of options granted on 4 March 2021 under the XP Power Limited Deferred Bonus Plan 2017.  
                                                                                                                                                                                                                                                                          
 c)                 Price(s) and volume(s)                                                                                                                                                                                                                                
 Price(s)           Volume(s)                                                                        
 1) £0.00           3,102                                                                            
 d)                 Aggregated information  - Aggregated volume  - Price                                                                                                                                                                                                  
 Aggregated Volume  Aggregated Prices                                                                
 1) 3,102           £0                                                                               
 e)                 Date of the transaction                                                          6 December 2024                                                                                                                                                      
 f)                 Place of the transaction                                                         1) Outside a trading venue                                                                                                                                           

 

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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