REG-XP Power Ltd: Total Voting Rights – Shares Issued from Block Listing

XP PowerAnnouncement

06/08/2020 07:05

6 August 2020

XP Power Limited

(“the Company”)

Total Voting Rights – Shares Issued from Block Listing

The Company announces that the total issued share capital, after the issue of
200,000 new ordinary shares on 5 August 2020, is 19,642,296 ordinary shares of
1 pence each, with each ordinary share having one vote. All 200,000 shares
have been admitted to trading under the Block Listing for the XP Employees’
Share Ownership Plan Trust. 7,500 ordinary shares are held in treasury and do
not carry voting rights.

Accordingly, the total number of voting rights in respect of these ordinary
shares is 19,634,796. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their voting rights interest, or a change to that interest,
in the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

XP Power 

Duncan Penny, Chief Executive Officer  +44 (0)118 976 5515

Gavin Griggs, Chief Financial Officer      +44 (0)118 976 5515

Citigate Dewe Rogerson                    

Kevin Smith/Jos Bieneman                    +44 (0)20 7638
9571

Note to editors

XP Power designs and manufactures power controllers, the essential hardware
component in every piece of electrical equipment that converts power from the
electricity grid into the right form for equipment to function.

XP Power typically designs power control solutions into the end products of
major blue-chip OEMs, with a focus on the Industrial Electronics (circa 34% of
revenue), Healthcare (circa 27% of revenue), Semiconductor Equipment
Manufacturing (circa 27% of revenue) and Technology (circa 12% of revenue)
sectors.  Once designed into a programme, XP Power has a revenue annuity over
the life cycle of the customer’s product which is typically five to seven
years depending on the industry sector.   

XP Power has invested in research and development and its own manufacturing
facilities in China and Vietnam, to develop a range of tailored products based
on its own intellectual property that provide its customers with significantly
improved functionality and efficiency.

Headquartered in Singapore and listed on the Main Market of the London Stock
Exchange since 2000, XP Power is a constituent of the FTSE 250 Index. XP Power
serves a global blue-chip customer base from 29 locations in Europe, North
America and Asia. 

For further information, please visit xppower.com



Copyright (c) 2020 PR Newswire Association,LLC. All Rights Reserved