XP POWER LTD - Director/PDMR Shareholding

27 April 2017

XP Power Limited

Director/PDMR Shareholding

XP Power Limited ("the Company") has today been notified that on 24 April 2017 Mr. Michael R Laver, President Global Sales and Marketing, exercised options over 8,475 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) at a price of 507.25p each. On the same day Mr. Laver sold 8,475 Ordinary Shares at a price of 2,495.00 pence. The shares were granted on 26 April 2007 under the Company's Share Option Plan at a price of 507.25p per Ordinary Share with a 10 year term and were therefore due to expire on 25 April 2017.

Following the transaction, Mr. Laver has a beneficial interest in 172,244 Ordinary Shares, representing 0.90% of the issued share capital of the Company.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Michael R Laver
2.	Reason for the notification
(a)	Position/status	President Global Sales and Marketing
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	XP POWER LIMITED
(b)	LEI	213800I7RWQ3FV72EZ26
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the Financial Instrument	Ordinary shares of £0.01 each
(b)	Identification code of the Financial Instrument	SG9999003735
(c)	Nature of the transaction	Exercise and sale of options
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		507.25 pence (exercise price)	8,475
		2,495.00 pence (sale price)	8,475
(e)	Aggregated information -           Aggregated volume -           Price	N/A
(f)	Date of the transaction	24 April 2017
(g)	Place of the transaction	London Stock Exchange

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer [phone]

Jonathan Rhodes, Finance Director [phone]

Citigate Dewe Rogerson [phone]

Kevin Smith/Jos Bieneman

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