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

XP PowerAnnouncement

14/04/2016 07:05

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 Ltd                
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                                                        
                                                                                                   
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                The Capital Group Companies, Inc.          
notification obligation: iii                                                                       
                                                                                                   
4. Full name of shareholder(s)                                    See Section 9                    
 (if different from 3.):iv                                                                         
                                                                                                   
5. Date of the transaction and date on                            12 April 2016                    
which the threshold is crossed or                                                                  
reached: v                                                                                         
                                                                                                   
6. Date on which issuer notified:                                 13 April 2016                    
                                                                                                   
7. Threshold(s) that is/are crossed or                               Above 5%                      
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 rights x   
the ISIN CODE    of           of           of shares   rights                                        
                 Shares       Voting                                                                 
                              Rights       Direct      Direct xi  Indirect   Direct       Indirect   
                                                                  xii                                
                                                                                                     
    Ordinary       880,000      880,000                           1,017,500                 5.2878%  
 (SG9999003735)                                                                                      
                                                                                                     
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.                     
                                                                                                     
          N/A                                                                                        
                                                                                                     
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 rights  % of voting rights   
instrument         price      date xvii  Conversion    instrument refers to     xix, xx              
                                         period xviii                                                
                                                                                                     
       N/A                                                                      Nominal      Delta   
                                                                                                     
Total (A+B+C)                                                                                        
                                                                                                     
Number of voting rights                          Percentage of voting rights                         
                                                                                                     
                   1,017,500                                           5.2878%                       
                                                                                                     

   

9. Chain of controlled undertakings through which the voting rights and/or the              
financial instruments are effectively held, if applicable: xxi                              
                                                                                            
                                                           Number of        Percent of      
                                                             Shares         Outstanding     
                                                                                            
The Capital Group Companies, Inc. ("CG") holdings          1,017,500          5.2878%       
                                                                                            
Holdings by CG Management Companies and Funds:                                              
                                                                                            
• Capital Research and Management Company                  1,017,500          5.2878%       
                                                                                            
  * SMALLCAP WORLD Fund, Inc.                              1,017,500          5.2878%       
                                                                                            
                                                                                            
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:                              +44 (0) 1189 765074              
                                                                                            



END



Copyright © 2016 PR Newswire Association, LLC. All Rights Reserved