XP Power Ltd. (XPP): Comet litigation
This situation live
XPP XP Power Ltd.
20 Oct 2026 · Bond released; company still defending case · −3% since
The Group will continue to defend its position in the Comet litigation case and will provide further updates as appropriate.
Comet litigation
Bond released; company still defending case
Next: further updates as appropriate
Every step · 1
- 20 Oct 2026 Bond released; company still defending case – The Group will continue to defend its position in the Comet litigation case and will provide further updates as appropriate. ↗
What is happening
XP Power Ltd.: Comet litigation – Bond released; company still defending case. ['Bond released; company still defending case']
- In short
- 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.
- Announced
- 20 Oct 2026 · Bond released; company still defending case
- Bond released
- £50.2m cash received in Q3 2026 on release of the Comet litigation bond
- Company stance
- Will continue to defend its position in the case
- Net debt
- £4.5m at 30 September 2026 (30 June 2026: £47.7m); leverage 0.1x
- Next milestone
- Further updates as appropriate; no date stated
What comes next
further updates as appropriate.
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