XP POWER LTD - Director/PDMR Shareholding
PR Newswire
London, August 6
6 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, announces that it has been notified that on 4 August 2020 Penny Peters sold 100,000 Ordinary Shares at an average price of 4,271.61 pence. Penny Peters is the wife of, and therefore a person closely associated with James Peters, Chairman of the Company.
The Company further announces that it was notified that on 6 August 2020 Christine Penny sold 100,000 Ordinary Shares at an average price of 4,195.66 pence. Christine Penny is the wife of, and therefore a person closely associated with Duncan Penny, Chief Executive Officer of the Company.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Penny Peters | |
| 2. | Reason for the notification | ||
| (a) | Position/status | This notification concerns a person closely associated with a Company Director. The person discharging managerial responsibilities is James Peters, the issuer's Chairman. The association arises by virtue of Penny Peters being the spouse of Mr Peters. | |
| (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 | Sale of shares | |
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 4,271.61 pence | 100,000 | ||
| (e) | Aggregated information - Aggregated volume - Price | N/A | |
| (f) | Date of the transaction | 4 August 2020 | |
| (g) | Place of the transaction | London Stock Exchange | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Christine Penny | |
| 2. | Reason for the notification | ||
| (a) | Position/status | This notification concerns a person closely associated with a Company Director. The person discharging managerial responsibilities is Duncan Penny, the issuer's Chief Executive Officer. The association arises by virtue of Christine Penny being the spouse of Mr Penny. | |
| (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 | Sale of shares | |
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 4,195.66 pence | 100,000 | ||
| (e) | Aggregated information - Aggregated volume - Price | N/A | |
| (f) | Date of the transaction | 6 August 2020 | |
| (g) | Place of the transaction | London Stock Exchange | |
Enquiries:
XP Power
Duncan Penny, Chief Executive Officer +44 (0)118 984 5515
Gavin Griggs, Chief Financial Officer +44 (0)118 984 5515
Citigate Dewe Rogerson +44 (0)20 7638 9571
Kevin Smith/Jos Bieneman
