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REG-XP Power Ltd: Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

SG9999003735

Issuer Name

XP Power Ltd

UK or Non-UK Issuer

Non-UK


2. Reason for Notification

An acquisition or disposal of voting rights


3. Details of person subject to the notification obligation

Name

Montanaro Asset Management Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom


4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

08-Nov-2023


6. Date on which Issuer notified

10-Nov-2023


7. Total positions of person(s) subject to the notification obligation

 .                                                                          % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer  
 Resulting situation on the date on which threshold was crossed or reached  6.120000                                              0.000000                                                                   6.120000                        1207299                                       
 Position of previous notification (if applicable)                          4.010000                                              0.000000                                                                   4.010000                                                                      


8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)  
 SG9999003735                                 1207299                                  0                                            6.120000                            0.000000                                
 Sub Total 8.A                                1207299                                                                               6.120000%                                                                   


8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is exercised/converted  % of voting rights  
                                                                                                                                                                                       
 Sub Total 8.B1                                                                                                                                                                        


8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights  
                                                                                                                                                      
 Sub Total 8.B2                                                                                                                                       


9. Information in relation to the person subject to the notification
obligation

1. Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher than the notifiable threshold  Total of both if it equals or is higher than the notifiable threshold  
                                                                                                                                                                                                                                                                                                                           


10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Notification excludes new placing shares and is based on holdings and total
voting rights prior to the admittance of the newly issued shares.


12. Date of Completion

10-Nov-2023


13. Place Of Completion

London



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