Director/PDMR Shareholding
XP Power Limited announced that its CEO, Gavin Griggs, exercised options on 6,371 ordinary shares at no cost, as these options were granted in 2022 under the Deferred Bonus Plan and were nearing expiry. He then sold 3,002 of these ordinary shares for £9.04 each, totaling £27,138.08, to cover the associated tax liability. This transaction occurred on December 16, 2025, with the sale taking place outside a trading venue and on XLON.
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XP Power announces that it has been notified by Gavin Griggs, CEO, that today, he exercised options over 6,371 ordinary shares of 1p each in the Company ("Ordinary Shares") at nil cost. He subsequently sold 3,002 Ordinary Shares to fund the tax liability due. The options exercised, granted in 2022 under the Company's Deferred Bonus Plan, were approaching their expiry date.
| 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 | |
| a) | Name | XP POWER LIMITED | |
| b) | LEI | 213800I7RWQ3FV72EZ26 | |
| 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 8 March 2022 under the XP Power Limited Deferred Bonus Plan 2017. |
| 2) | Sale of Ordinary Shares to fund tax liability due. | ||
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1) £0.00 6,371 2) £9.04 3,002 | |
| d) | Aggregated information - Aggregated volume - Price | Aggregated Volume Aggregated Prices 1) 6,371 £0.00 2) 3,002 £27,138.08 | |
| e) | Date of the transaction | 16 December 2025 | |
| f) | Place of the transaction | 1) Outside a trading venue, 2) XLON |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.