XP POWER LTD - Director/PDMR Shareholding

10 August 2020

XP Power Limited

Director/PDMR Shareholding

XP Power Limited ("the Company"), one of the world’s leading developers and manufacturers of critical power control components to the electronics industry, has today been notified that on 7 August 2020 Mr. Andy Sng, Executive Vice President, Asia exercised options over 854 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) at a price of £0.01 each. On the same day Mr. Sng sold 854 Ordinary Shares at a price of £43.0237. The shares were granted on 30 May 2017 under the Company's Long-Term Incentive Plan.

The Company further announces that it has been notified that on 7 August 2020 Mr. Sng exercised nil-cost options over 420 Ordinary Shares granted on 2 March 2018 under the Company’s Deferred Bonus Plan. On the same day Mr. Sng sold 420 Ordinary Shares at a price of £43.0237.

Following the transactions, there is no change to Mr. Sng’s beneficial interest in 24,000 Ordinary Shares, representing 0.1% of the issued share capital of the Company.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Andy Sng
2.	Reason for the notification
(a)	Position/status	Executive Vice President, Asia
(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)
		£43.0237	854 (Long Term Incentive Plan)
		£43.0237	420 (Deferred Bonus Plan)
(e)	Aggregated information -           Aggregated volume -           Price	Aggregate volume – 1,274 Aggregate price - £43.0237
(f)	Date of the transaction	7 August 2020
(g)	Place of the transaction	London Stock Exchange

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer [phone]

Gavin Griggs, Chief Financial Officer [phone]

Citigate Dewe Rogerson [phone]

Kevin Smith/Jos Bieneman

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