XP POWER LTD - Director/PDMR Shareholding

Dienstag, 20.09.2016 17:55 von

PR Newswire

20 September 2016

XP Power Limited

Director/PDMR Shareholding

XP Power Limited ("the Company") has today been notified that Mr. Andy Sng, Executive Director, has exercised options over 30,000 ordinary shares of 1p each in the Company (“Ordinary Shares”), granted on 26 April 2007 under the Company's Share Option Plan at a price of 507.25p per Ordinary Share, and on 19 September 2016 sold 10,000 Ordinary Shares at a price of 1700.00p each.

Following the transaction, Mr. Sng’s interest in Ordinary Shares of the Company increased from 21,000 Ordinary Shares to 41,000 Ordinary shares, now representing 0.21% 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 Director
(b) Initial notification/ Amendment Initial notification
3. Details of the issuer
(a) Name XP POWER LIMITED
(b) LEI
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 of options and sale of shares
(d) Price(s) and volume(s) Price(s) Volume(s)
507.25 pence (exercise price) 30,000
1,700.00 pence (sale price) 10,000
(e) Aggregated information
-           Aggregated volume
-           Price
N/A
(f) Date of the transaction
  • 19 Sept 2016: Exercise of 10,000 options
  • 19 September 2016:  Disposal of 10,000 shares
  • 20 Sept 2016: Exercise of 20,000 options
(g) Place of the transaction London Stock Exchange

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer +44 (0)118 976 5086

Jonathan Rhodes, Finance Director +44 (0)118 976 5074

Citigate Dewe Rogerson +44 (0)20 7638 9571

Kevin Smith/Jos Bieneman