XP Power Ltd - Director/PDMR Shareholding
Updated : 07:01
XP Power Ltd - Director/PDMR Shareholding
PR Newswire
LONDON, United Kingdom, December 10
10 December 2024
XP Power Limited
("XP Power" or "the Company")
Director/PDMR Share Transactions
XP Power announces that it has been notified by Gavin Griggs, CEO, that on 6 December 2024, he exercised options over 3,102 ordinary shares of 1p each in the Company ("Ordinary Shares") at nil cost and retained the Ordinary Shares in full. The options exercised, granted in 2021 under the Company's Deferred Bonus Plan, were approaching their expiry date.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.
| 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 /Amendment | Initial Notification | |||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a) | Name | XP POWER LIMITED | |||||
| b) | LEI | 213800I7RWQ3FV72EZ26 | |||||
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| 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, type of instrument Identification code | Ordinary shares of £0.01 each ("Ordinary Shares") SG9999003735 | |||||
| b) | Nature of the transaction | 1) | Exercise of options granted on 4 March 2021 under the XP Power Limited Deferred Bonus Plan 2017. | ||||
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| c)
| Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | 6 December 2024 | |||||
| f) | Place of the transaction | 1) Outside a trading venue | |||||
Enquiries:
| XP Power |
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| Ruth Cartwright, Company Secretary | +44 (0)118 984 5515 |
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| Citigate Dewe Rogerson |
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| Kevin Smith/Lucy Gibbs | +44 (0)207 638 9571 |