XP Power Ltd.

XPP · Main Market · Industrial Goods and Services · mcap £478m · 1706.0p 1 open situation →

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2026 Comet litigation 2 directors buying 1 director buying

Open · 1

Balance-sheet stress / refinancing

Comet litigation

Bond released; company still defending case

The Comet litigation is ongoing. In Q3 2026 the litigation bond was released, bringing in £50.2m of cash, which cut net debt to £4.5m at 30 September 2026. The company says it will keep defending its position and give updates as appropriate.

Bond released: £50.2m cash received in Q3 2026 on release of the Comet litigation bond 20 Oct 2026 ↗
Company stance: Will continue to defend its position in the case 20 Oct 2026 ↗
Net debt: £4.5m at 30 September 2026 (30 June 2026: £47.7m); leverage 0.1x 20 Oct 2026 ↗
Next milestone: Further updates as appropriate; no date stated 20 Oct 2026 ↗

Next: further updates as appropriate

20 Oct 2026 Bond released; company still defending case

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Closed · 2

Insider conviction2 directors buying £120k in 2 buys · 3 Mar 2026 – 2 Jun 2026 +28% Insider conviction1 director buying £11k in 1 buy · 24 Oct 2025 – 22 Jan 2026 +38%

Company filings. Not investment advice.