REG-XP Power Ltd: Holding(s) in Company <Origin Href="QuoteRef">XPP.L</Origin>

XP PowerAnnouncement

02/03/2015 08:32

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        

 

1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                              XP Power Ltd.
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                         X   
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                                Mawer Investment
notification obligation:iii                                              Management Ltd.
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                      February 25, 2015
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                      February 27, 2015
                                                                                        
7. Threshold(s) that is/are crossed or                                                9%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type of    Situation previous  Resulting situation after the triggering           
shares           to the triggering   transaction                                        
                 transaction                                                            
                                                                                        
if possible      Number    Number    Number    Number of voting      % of  voting rights
using            of        of        of shares rights                x                  
the ISIN CODE    Shares    Voting                                                       
                           Rights    Direct    Direct xi Indirect    Direct   Indirect  
                                                         xii                            
                                                                                        
SG9999003735                                                                            
                 1,569,075 1,569,075 1,799,075 1,799,075             9.35%              
                                                                                        
                                                                                        

 

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial  Expiration Exercise/              Number of voting       % of voting 
instrument         date xiii  Conversion Period xiv  rights that may be     rights      
                                                     acquired if the                    
                                                     instrument is                      
                                                     exercised/ converted.              
                                                                                        
                                                                                        
                                                                                        

 

C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of    Exercise Expiration   Exercise/     Number of voting rights   % of voting    
financial  price    date xvii    Conversion    instrument refers to      rights xix, xx 
instrument                       period xviii                                           
                                                                                        
                                                                                        
                                                                         Nominal   Delta
                                                                                        
                                                                                        
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                  Percentage of voting rights                    
                                                                                        
1,799,075                                9.35%                                          
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        

 

Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                           Mawer Investment Management Ltd.
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        

 

                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                      Jonathan Rhodes, Finance Director
                                                                                        
15. Contact telephone number:                                              0118 976 5074
                                                                                        


 

 



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