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

XP PowerAnnouncement

15/12/2015 18:30

For filings with the FCA 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                   XP POWER LIMITED              
of existing shares to which voting rights are                                                      
attached: ii                                                                                       
                                                                                                   
2 Reason for the notification (please tick the appropriate box or boxes):                          
                                                                                                   
An acquisition or disposal of voting rights                                                  Y     
                                                                                                   
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                      HARGREAVE HALE LIMITED               
notification obligation: iii                                                                       
                                                                                                   
4. Full name of shareholder(s)                                DISCRETIONARY CLIENTS                
 (if different from 3.):iv                                                                         
                                                                                                   
5. Date of the transaction and date on                           14 DECEMBER 2015                  
which the threshold is crossed or                                                                  
reached: v                                                                                         
                                                                                                   
6. Date on which issuer notified:                                15 DECEMBER 2015                  
                                                                                                   
7. Threshold(s) that is/are crossed or                                 10%                         
reached: vi, vii                                                                                   
                                                                                                   

   

8. Notified details:                                                                                   
                                                                                                       
A: Voting rights attached to shares viii, ix                                                           
                                                                                                       
Class/type of Situation previous        Resulting situation after the triggering transaction           
shares        to the triggering                                                                        
              transaction                                                                              
if possible                                                                                            
using         Number       Number       Number                 Number of voting      % of  voting      
the ISIN CODE of           of           of shares              rights                rights x          
              Shares       Voting                                                                      
                           Rights       Direct   Indirect      Direct xi Indirect    Direct  Indirect  
                                                                         xii                           
                                                                                                       
SG9999003735  1,898,297    1,898,297             1,948,147               1,948,147           10.1243%  
                                                                                                       
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 financial  Exercise     Expiration   Exercise/     Number of voting    % of voting rights xix, 
instrument         price        date xvii    Conversion    rights instrument   xx                      
                                             period xviii  refers to                                   
                                                                                                       
                                                                               Nominal         Delta   
                                                                                                       
Total (A+B+C)                                                                                          
                                                                                                       
Number of voting rights                               Percentage of voting rights                      
                                                                                                       
                                                      10.1243%                                         
1,948,147                                                                                              
                                                                                                       

   

9. Chain of controlled undertakings through which the voting rights and/or the              
financial instruments are effectively held, if applicable: xxi                              
                                                                                            
1,800,000 of these shares are held for unit trusts operated by Marlborough Fund             
Managers Ltd, for whom Hargreave Hale Ltd manages the portfolio of investments              
on a discretionary basis. The remaining balance is held on behalf of other                  
discretionary clients.                                                                      
                                                                                            
Proxy Voting:                                                                               
                                                                                            
10. Name of the proxy holder:                                                               
                                                                                            
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                                
                                                                                            
15. Contact telephone number:                01189 765074                                   
                                                                                            



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