XPP Xp Power Limited

 
TIDMXPP 
 
5 May 2020 
 
                               XP Power Limited 
                                ("the Company") 
 
            Total Voting Rights - Shares Issued from Block Listing 
 
The Company announces that the total issued share capital, after the issue of 
200,000 new ordinary shares during the month ended 31 March 2020, is 19,442,296 
ordinary shares of 1 pence each, with each ordinary share having one vote. All 
200,000 shares have been admitted to trading under the Block Listing for the XP 
Employees' Share Ownership Plan Trust. 7,500 ordinary shares are held in 
treasury and do not carry voting rights. 
 
Accordingly, the total number of voting rights in respect of these ordinary 
shares is 19,434,796. This figure may be used by shareholders as the 
denominator for the calculations by which they will determine if they are 
required to notify their voting rights interest, or a change to that interest, 
in the Company under the FCA's Disclosure and Transparency Rules. 
 
Enquiries: 
 
XP Power 
Duncan Penny, Chief Executive Officer  +44 (0)118 976 5515 
Gavin Griggs, Chief Financial Officer      +44 (0)118 976 5515 
 
Citigate Dewe Rogerson 
Kevin Smith/Jos Bieneman                    +44 (0)20 7638 9571 
 
Note to editors 
 
XP Power designs and manufactures power controllers, the essential hardware 
component in every piece of electrical equipment that converts power from the 
electricity grid into the right form for equipment to function. 
 
XP Power typically designs power control solutions into the end products of 
major blue-chip OEMs, with a focus on the Industrial Electronics (circa 45% of 
revenue), Healthcare (circa 23% of revenue), Semiconductor Equipment 
Manufacturing (circa 19% of revenue) and Technology (circa 13% of revenue) 
sectors.  Once designed into a programme, XP Power has a revenue annuity over 
the life cycle of the customer's product which is typically 5 to 7 years 
depending on the industry sector. 
 
XP Power has invested in research and development and its own manufacturing 
facilities in China and Vietnam, to develop a range of tailored products based 
on its own intellectual property that provide its customers with significantly 
improved functionality and efficiency. 
 
Headquartered in Singapore and listed on the Main Market of the London Stock 
Exchange since 2000, XP Power is a constituent of the FTSE 250 Index. XP Power 
serves a global blue-chip customer base from 29 locations in Europe, North 
America and Asia. 
 
For further information, please visit xppower.com 
 
 
 
END 
 

(END) Dow Jones Newswires

May 05, 2020 02:00 ET (06:00 GMT)

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