XP Power Ltd Director/PDMR Shareholding

 
TIDMXPP 
 
4 April 2022 
 
                               XP Power Limited 
 
                         ("XP Power" or "the Company") 
 
                       Director/PDMR Share Transactions 
 
XP Power, one of the world's leading developers and manufacturers of critical 
power control components to the electronics industry, announces that it has 
been notified that on 31 March 2022 Mr. Andy Sng, Executive Vice President, 
Asia, exercised options over 2,107 ordinary shares of 1p each in the Company 
("Ordinary Shares") at a price of £0.01 each, and 3,320 Ordinary Shares at nil 
cost. 
 
The options were granted on 16 May 2018 and 8 March 2019 under the Company's 
Long-Term Incentive Plan 2017 and the 1 March 2019 and 4 March 2020 under the 
Company's Deferred Bonus Plan. 
 
The notification below, made in accordance with the requirements of Article 19 
of the EU Market Abuse Regulations, as it forms part of domestic law by virtue 
of The European Union (Withdrawal) Act 2018, gives further details. 
 
1    Details of the person discharging managerial responsibilities 
 
a)   Name                     Andy Sng 
 
2    Reason for the notification 
 
a)   Position/status          Executive Vice President, Asia and Director 
                              (PDMR) 
 
b)   Initial notification /   Initial Notification 
     Amendment 
 
3    Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
 
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 ("Ordinary 
     type of instrument       Shares") 
     Identification code      SG9999003735 
 
b)   Nature of the            1)  Exercise of options granted on 16 May 
     transaction                  2018 under the XP Power Limited Long-Term 
                                  Incentive Plan 2017. 
 
                              2)  Exercise of options granted on 8 March 
                                  2019 under the XP Power Limited Long-Term 
                                  Incentive Plan 2017. 
 
                              3)  Exercise of options granted on 1 March 
                                  2019 under the XP Power Limited Deferred 
                                  Bonus Plan 
 
                              4)  Exercise of options granted on 4 March 
                                  2020 under the XP Power Limited Deferred 
                                  Bonus Plan 
 
c)   Price(s) and volume(s)   Price(s)           Volume(s) 
 
                              1) £0.01           1,295 
 
                              2) £0.01              812 
 
                              3) £0.00           1,389 
 
                              4) £0.00           1,931 
 
d)   Aggregated information   Aggregated Volume  Aggregated Prices 
      - Aggregated volume 
      - Price                 1) 1,295           £12.95 
 
                              2) 812             £8.12 
 
                              3) 1,389           £0 
 
                              4) 1,931           £0 
 
e)   Date of the transaction    1), 2) 3) and 4) 31 March 2022 
 
f)   Place of the transaction   1), 2) 3) and 4) Outside a trading venue 
 
Enquiries: 
 
XP Power 
 
Gavin Griggs, Chief Executive Officer                [phone] 
 
Oskar Zahn, Chief Financial Officer                    [phone] 
 
Citigate Dewe Rogerson 
 
Kevin Smith/Jos Bieneman                                [phone] 
 
 
 
END 
 
 

(END) Dow Jones Newswires

April 04, 2022 11:16 ET (15:16 GMT)