Director/PDMR Shareholding
XP Power Limited announced that CEO Gavin Griggs exercised options on 4,015 ordinary shares at £0.01 each and subsequently sold 1,895 shares for £12.06 each to cover tax liabilities, realizing £22,853.70. Additionally, Executive Vice President Andy Sng exercised options on 1,244 ordinary shares at £0.01 each. These transactions occurred on 30 March 2026, with the exercises taking place outside a trading venue and the share sale occurring on XLON.
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exercised options over 4,015 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of £0.01. He subsequently sold 1,895 Ordinary Shares to fund the tax liability due.
The Company has further been notified by Andy Sng, Executive Vice President, Asia, that on 30 March 2026, he exercised options over 1,244 Ordinary Shares at a price of £0.01 each.
| 1 | Details of the person discharging managerial responsibilities | ||
| a) | Name | Gavin Griggs | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer (PDMR) | |
| 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 22 April 2020 under the XP Power Limited Long-Term Incentive Plan 2017. |
| 2) | Exercise of options granted on 22 April 2020 under the XP Power Limited Restricted Share Plan 2020. | ||
| 3) | Sale of Ordinary Shares to fund tax liability due | ||
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1) £0.01 2,708 2) £0.01 1,307 3) £12.06 1,895 | |
| d) | Aggregated information - Aggregated volume - Price | Aggregated Volume Aggregated Prices 1) 2,708 £27.08 2) 1,307 £13.07 3) 1,895 £22,853.70 | |
| e) | Date of the transaction | 1), 2) and 3) 30 March 2026 | |
| f) | Place of the transaction | 1) and 2) Outside a trading venue 3) XLON | |
| 1 | Details of the person discharging managerial responsibilities | ||
| a) | Name | Andy Sng | |
| 2 | Reason for the notification | ||
| a) | Position/status | Executive Vice President, Asia and Director (PDMR) | |
| 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 22 April 2020 under the XP Power Limited Long-Term Incentive Plan 2017. |
| 2) | Exercise of options granted on 22 April 2020 under the XP Power Limited Restricted Share Plan 2020. | ||
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1) £0.01 839 2) £0.01 405 | |
| d) | Aggregated information - Aggregated volume - Price | Aggregated Volume Aggregated Prices 1) 839 £8.39 2) 405 £4.05 | |
| e) | Date of the transaction | 1) and 2) 30 March 2026 | |
| f) | Place of the transaction | 1) and 2) Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.