REG-XP Power Ltd: Blocklisting

XP PowerAnnouncement

04/03/2019 07:05

4 March 2019

XP Power Limited

(“XP Power” or the “Company”)

Block Listing Application

XP Power, one of the world's leading developers and manufacturers of critical
power control components for industrial, healthcare, semiconductor and
technology markets, announces that an application has been made to the
Financial Conduct Authority and the London Stock Exchange for the block
listing of a total of 500,000 ordinary shares of 1 pence each (the “Ordinary
Shares”). The block listing application relates to Ordinary Shares to be
issued from time to time pursuant to the exercise of share options under the:

XP EMPLOYEES’ SHARE OWNERSHIP PLAN TRUST

When issued, these Ordinary Shares will be credited as fully paid and will
rank pari passu in all respects with the existing issued Ordinary Shares of
the Company. It is expected that admission will become effective for the
Ordinary Shares on 6 March 2019.

Enquiries:

XP Power 

Duncan Penny, Chief Executive Officer  +44 (0)118 976 5155

Gavin Griggs, Chief Financial Officer      +44 (0)118 976 5155

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 (circa 43% of sales),
healthcare (circa 22% of sales), semiconductor manufacturing (circa 24% of
sales) and technology (circa 11% of sales) sectors.  Once designed into a
programme, XP Power has a revenue annuity over the life cycle of the
customer’s product which is typically 5 to 7 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 serves a global blue-chip customer base from 29
locations in Europe, North America and Asia. 

For further information, please visit xppower.com



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