XP Power Ltd Correction: Director PDMR Shareholding
03 May 2017 - 1:52AM
UK Regulatory
TIDMXPP
02 May 2017
XP Power Limited
Correction - Director/PDMR Shareholding
This announcement relates to the Director/PDMR Shareholding announcement
released at 16:35 on 27 April 2017 correcting an error relating to the
beneficial interest of Mr. Michael R Laver, President Global Sales and
Marketing. The correct beneficial interest is as follows:
Following the transaction in which Mr Laver sold 8,475 Ordinary Shares of 1p
each in XP Power Limited on 24 April 2017, Mr. Laver has a beneficial interest
in 111,494 Ordinary Shares, representing 0.58% of the issued share capital of
the Company.
It had previously been announced that Mr. Michael R Laver had a beneficial
interest in 172,244 Ordinary Shares representing 0.90% of the issued share
capital of the Company following the transaction. This figure erroneously
included 60,750 share options which have vested but have not been exercised.
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Michael R Laver
2. Reason for the notification
(a) Position/status President Global Sales and Marketing
(b) Initial Initial notification
notification/
Amendment
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 Ordinary shares of GBP0.01 each
the Financial
Instrument
(b) Identification SG9999003735
code of the
Financial
Instrument
(c) Nature of the Exercise and sale of options
transaction
(d) Price(s) and Price(s) Volume(s)
volume(s)
507.25 pence (exercise 8,475
price)
2,495.00 pence (sale 8,475
price)
(e) Aggregated N/A
information
-
Aggregated
volume
-
Price
(f) Date of the 24 April 2017
transaction
(g) Place of the London Stock Exchange
transaction
Enquiries:
XP Power
Duncan Penny, Chief Executive Officer +44 (0)118 976 5086
Jonathan Rhodes, Finance Director +44 (0) 7500 944 614
Citigate Dewe Rogerson +44 (0)20 7638 9571
Kevin Smith/Jos Bieneman
END
(END) Dow Jones Newswires
May 02, 2017 11:52 ET (15:52 GMT)
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