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

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i                                                                                                                                                                               
                                                                                                                                                                                                                                                                                                        
 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :                                                           XP Power ltd                                                                                                                 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)                                                                                                                                                                                                          
 Non-UK issuer                                                                                                                                                                                                                                                                                          
 2 . Reason for the notification (please mark the appropriate box or boxes with an “X”)                                                                                                                                                                                                                 
 An acquisition or disposal of voting rights                                                                                                                                                                                                                           X                                
 An acquisition or disposal of financial instruments                                                                                                                                                                                                                                                    
 An event changing the breakdown of voting rights                                                                                                                                                                                                                                                       
 Other (please specify) iii :                                                                                                                                                                                                                                                                           
 3. Details of person subject to the notification obligation iv                                                                                                                                                                                                                                         
 Name                                                                                                                                                                      Aberforth Partners LLP                                                                                                       
 City and country of registered office (if applicable)                                                                                                                     London, UK                                                                                                                   
 4. Full name of shareholder(s) (if different from 3.) v                                                                                                                                                                                                                                                
 Name                                                                                                                                                                      Nortrust Nominees Ltd                                                                                                        
 City and country of registered office (if applicable)                                                                                                                     London, UK                                                                                                                   
 5. Date on which the threshold was crossed or reached vi :                                                                                                                15 March 2024                                                                                                                
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                            18 March 2024                                                                                                                
 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 both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) vii      
                                                                                                                                    (total of 8.B 1 + 8.B 2)                                                                                                                                            
 Resulting situation on the date on which threshold was crossed or reached  5.21%                                                  0.00%                                                              5.21%                           1,232,646                                                         
 Position of previous notification (if applicable)                          0.00%                                                  0.00%                                                              0.00%                                                                                             
                                                                                                                                                                                                                                                                                                        

 

 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii                                                                                                             
 A: Voting rights attached to shares                                                                                                                                                                                       
 Class/type of                                    Number of voting rights ix                                                           % of voting rights                                                                  
  shares ISIN code (if possible)                                                                                                                                                                                           
                                                  Direct  (DTR5.1)           Indirect  (DTR5.2.1)                                      Direct  (DTR5.1)                                              Indirect  (DTR5.2.1)  
 SG9999003735                                     NIL                        1,232,646                                                 NIL                                                           5.21%                 
                                                                                                                                                                                                                           
                                                                                                                                                                                                                           
 SUBTOTAL 8. A                                    1,232,646                                                                            5.21%                                                                               
                                                                                                                                                                                                                           
 B 1: Financial Instruments according to DTR5.3.1R (1) (a)                                                                                                                                                                 
 Type of financial instrument                     Expiration   Exercise/                                Number of voting rights that may be acquired if the instrument is exercised/converted.       % of voting rights    
                                                   date x       Conversion Period xi                                                                                                                                       
                                                                                                                                                                                                                           
                                                                                                                                                                                                                           
                                                                                                                                                                                                                           
                                                               SUBTOTAL 8. B 1                          N/A                                                                                          N/A                   
                                                                                                                                                                                                                           
 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)                                                                                                                                    
 Type of financial instrument  Expiration                      Exercise/                   Physical or cash settlement xii                                            Number of voting rights        % of voting rights    
                                date x                          Conversion Period xi                                                                                                                                       
                                                                                                                                                                                                                           
                                                                                                                                                                                                                           
                                                                                                                                                                                                                           
                                                                                           SUBTOTAL 8.B.2                                                             N/A                            N/A                   
                                                                                                                                                                                                                           
                                                                                                                                                                                                                           

 

 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)                                                                                                                                                                                                                   
 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 xiii                                                                            X                                    
 Full chain of controlled undertakings through which the voting rights and/or the                                                                                                                                                                                                                                                               
  financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary)                                                                                                                                                                                
 Name xv                                                   % 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, please identify:                                                                                                                                                                                                                                                                                                  
 Name of the proxy holder                                                                                                              N/A                                                                                                                                                                                                      
 The number and % of voting rights held                                                                                                N/A                                                                                                                                                                                                      
 The date until which the voting rights will be held                                                                                   N/A                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                
 11. Additional information xvi                                                                                                                                                                                                                                                                                                                 
 N/A                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                

 

 Place of completion  Edinburgh, UK  
 Date of completion   18 March 2024  

 



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