XP Power Ltd Director/PDMR Shareholding

 
TIDMXPP 
 
3 August 2022 
 
                               XP Power Limited 
 
                         ("XP Power" or "the Company") 
 
                       Director/PDMR Share Transactions 
 
XP Power announces that it has been notified by Mr. Jamie Pike, Non-Executive 
Director, that across 1 and 2 August 2022, his wife purchased 3,838 ordinary 
shares of 1p each in the Company ("Ordinary Shares"). Following the purchase Mr 
Pike has an interest in 3,838 Ordinary Shares. 
 
The Company has further been notified by Mr. Gavin Griggs, Chief Executive 
Officer, that on 1 August 2022, he exercised options over 10,276 Ordinary 
Shares at a price of £0.01 each, and 5,335 Ordinary Shares at nil cost. He 
subsequently sold 7,359 Ordinary Shares to fund the tax liability due. 
 
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 / person 
     closely associated 
 
a)   Name                     Clare Pike 
 
2    Reason for the notification 
 
a)   Position/status          PCA to Non-Executive Director, Jamie Pike 
 
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)  Purchase of Ordinary Shares 
     transaction 
 
                              2)  Purchase of Ordinary Shares 
 
c)   Price(s) and volume(s)   Price(s)           Volume(s) 
 
                              1) £25.90          2,421 
 
                              2) £25.75          1,417 
 
d)   Aggregated information   Aggregated Volume  Aggregated Prices 
      - Aggregated volume 
      - Price                 1) 2,421           £62,703.90 
 
                              2) 1,417           £36,487.75 
 
e)   Date of the transaction    1) 1 August 2022 and 2) 2 August 2022 
 
f)   Place of the transaction   XLON 
 
 
 
1    Details of the person discharging managerial responsibilities 
 
a)   Name                     Gavin Griggs 
 
2    Reason for the notification 
 
a)   Position/status          Chief Executive Officer 
 
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 1 November 
     transaction                  2017 under the XP Power Limited Long-Term 
                                  Incentive Plan 2017. 
 
                              2)  Exercise of options granted on 16 March 
                                  2019 under the XP Power Limited Long-Term 
                                  Incentive Plan 2017. 
 
                              3)  Exercise of options granted on 2 March 
                                  2018 under the XP Power Limited Deferred 
                                  Bonus Plan 
 
                              4)  Exercise of options granted on 1 March 
                                  2019 under the XP Power Limited Deferred 
                                  Bonus Plan 
 
                              5)  Exercise of options granted on 4 March 
                                  2020 under the XP Power Limited Deferred 
                                  Bonus Plan 
 
                              6)  Sale of Ordinary Shares to fund tax 
                                  liability due 
 
c)   Price(s) and volume(s)   Price(s)           Volume(s) 
 
                              1) £0.01           8,000 
 
                              2) £0.01           2,276 
 
                              3) £0.00              515 
 
                              4) £0.00           4,349 
 
                              5) £0.00              471 
 
                              6) £26.029         7,359 
 
                              Aggregated Volume  Aggregated Prices 
d)   Aggregated information 
      - Aggregated volume     1) 8,000           £80.00 
      - Price 
                              2) 2,276           £22.76 
 
                              3)    515          £0 
 
                              4) 4,349           £0 
 
                              5)    471          £0 
 
                              6) 7,359           £191,547.48 
 
e)   Date of the transaction    1 August 2022 
 
f)   Place of the transaction   1), 2), 3), 4) and 5) Outside a trading 
                              venue 6) XLON 
 
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

August 03, 2022 02:00 ET (06:00 GMT)