TIDMXPP 
 
TR-1: Standard form for notification of major holdings 
 
1. Issuer Details 
 
ISIN 
 
SG9999003735 
 
Issuer Name 
 
XP Power Ltd 
 
UK or Non-UK Issuer 
 
Non-UK 
 
2. Reason for Notification 
 
An acquisition or disposal of voting rights 
 
3. Details of person subject to the notification obligation 
 
Name 
 
Aggregate of abrdn plc affiliated investment management entities with delegated 
voting rights on behalf of multiple managed portfolios 
 
City of registered office (if applicable) 
 
Edinburgh 
 
Country of registered office (if applicable) 
 
United Kingdom 
 
4. Details of the shareholder 
 
Full name of shareholder(s) if different from the person(s) subject to the 
notification obligation, above 
 
City of registered office (if applicable) 
 
Country of registered office (if applicable) 
 
5. Date on which the threshold was crossed or reached 
 
06-Oct-2023 
 
6. Date on which Issuer notified 
 
09-Oct-2023 
 
7. Total positions of person(s) subject to the notification obligation 
 
+----------------+-----------+------------------+--------+-----------+ 
|.               |% of voting|% of voting rights|Total of|Total      | 
|                |rights     |through financial |both    |number of  | 
|                |attached to|instruments (total|in %    |voting     | 
|                |shares     |of 8.B 1 + 8.B 2) |(8.A +  |rights held| 
|                |(total     |                  |8.B)    |in issuer  | 
|                |of 8.A)    |                  |        |           | 
+----------------+-----------+------------------+--------+-----------+ 
|Resulting       |Below 5%   |0.000000          |Below 5%|Below 5%   | 
|situation on the|           |                  |        |           | 
|date on         |           |                  |        |           | 
|which threshold |           |                  |        |           | 
|was crossed or  |           |                  |        |           | 
|reached         |           |                  |        |           | 
+----------------+-----------+------------------+--------+-----------+ 
|Position of     |9.960518   |0.000000          |9.960518|           | 
|previous        |           |                  |        |           | 
|notification    |           |                  |        |           | 
|(if applicable) |           |                  |        |           | 
+----------------+-----------+------------------+--------+-----------+ 
 
8. Notified details of the resulting situation on the date on which the 
threshold was crossed or reached 
 
8A. Voting rights attached to shares 
 
+------------+----------------+------------------+-------------+-------------+ 
|Class/Type  |Number of direct|Number of indirect|% of direct  |% of indirect| 
|of shares   |voting rights   |voting rights     |voting rights|voting rights| 
|ISIN code(if|(DTR5.1)        |(DTR5.2.1)        |(DTR5.1)     |(DTR5.2.1)   | 
|possible)   |                |                  |             |             | 
+------------+----------------+------------------+-------------+-------------+ 
|SG9999003735|                |Below 5%          |             |Below 5%     | 
+------------+----------------+------------------+-------------+-------------+ 
|Sub Total   |Below 5%                           |Below 5%                   | 
|8.A         |                                   |                           | 
+------------+----------------+------------------+-------------+-------------+ 
 
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) 
 
+----------+----------+---------+-----------------------------------+------+ 
|Type of   |Expiration|Exercise/|Number of voting rights that may be|% of  | 
|financial |date      |conve    |acquired if the instrument is      |voting| 
|instrument|          |rsion    |exercised/converted                |rights| 
|          |          |period   |                                   |      | 
+----------+----------+---------+-----------------------------------+------+ 
|          |          |         |                                   |      | 
+----------+----------+---------+-----------------------------------+------+ 
|Sub Total |                    |                                   |      | 
|8.B1      |                    |                                   |      | 
+----------+----------+---------+-----------------------------------+------+ 
 
8B2. Financial Instruments with similar economic effect according to 
(DTR5.3.1R.(1) (b)) 
 
+--------------+----------+--------------+-----------+---------+------+ 
|Type of       |Expiration|Exercise/conve|Physical or|Number of|% of  | 
|financial     |date      |rsion period  |cash       |voting   |voting| 
|instrument    |          |              |settlement |rights   |rights| 
+--------------+----------+--------------+-----------+---------+------+ 
|              |          |              |           |         |      | 
+--------------+----------+--------------+-----------+---------+------+ 
|Sub Total 8.B2|                                     |         |      | 
+--------------+----------+--------------+-----------+---------+------+ 
 
9. Information in relation to the person subject to the notification obligation 
 
2. Full chain of controlled undertakings through which the voting rights and/or 
the financial instruments are effectively held starting with the ultimate 
controlling natural person or legal entities (please add additional rows as 
necessary) 
 
+-----------+-----------+------------------+-----------+----------------+ 
|Ultimate   |Name of    |% of voting rights|% of voting|Total of both if| 
|controlling|controlled |if it equals or is|rights     |it equals or is | 
|person     |undertaking|higher than the   |through    |higher than the | 
|           |           |notifiable        |financial  |notifiable      | 
|           |           |threshold         |instruments|threshold       | 
|           |           |                  |if it      |                | 
|           |           |                  |equals or  |                | 
|           |           |                  |is higher  |                | 
|           |           |                  |than the   |                | 
|           |           |                  |notifiable |                | 
|           |           |                  |threshold  |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|abrdn plc  |           |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|abrdn plc  |abrdn      |                  |           |                | 
|           |Investments|                  |           |                | 
|           |(Holdings) |                  |           |                | 
|           |Limited    |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|abrdn plc  |abrdn      |                  |           |                | 
|           |Investment |                  |           |                | 
|           |Management |                  |           |                | 
|           |Limited    |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|           |           |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|abrdn plc  |           |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|abrdn plc  |abrdn      |                  |           |                | 
|           |Holdings   |                  |           |                | 
|           |Limited    |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
|abrdn plc  |abrdn      |                  |           |                | 
|           |Investments|                  |           |                | 
|           |Limited    |                  |           |                | 
+-----------+-----------+------------------+-----------+----------------+ 
 
10. In case of proxy voting 
 
Name of the proxy holder 
 
The number and % of voting rights held 
 
The date until which the voting rights will be held 
 
11. Additional Information 
 
In reference to Section 9, the shares detailed are managed by the named 
discretionary investment management entity within multiple portfolios on behalf 
of underlying clients, based on investment management agreements whereby the 
client has delegated the exercise of the voting power to the referenced 
investment manager. 
This disclosure also reflects the fact that the voting rights effectively held 
indirectly by the underlying intermediate holding company abrdn Investments 
(Holdings) Limited ("aI(H)L") and held by the underlying investment management 
entity abrdn Investment Management Limited ("aIML") decreased below the 5% 
notifiable threshold due to trading on 6 October 2023. Prior to this crossing, 
aI(H)L effectively and aIML held 6.252180% of the delegated voting rights. 
 
12. Date of Completion 
 
09-Oct-2023 
 
13. Place Of Completion 
 
Aberdeen, United Kingdom 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END 
 
 

(END) Dow Jones Newswires

October 09, 2023 10:49 ET (14:49 GMT)

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