Director/PDMR Shareholding

10 August 2020

XP Power Limited

XP Power Limited ("the Company"), one of the world’s leading developers and manufacturers of critical power control components to the electronics industry, has today been notified that on 7 August 2020 Mr. Andy Sng, Executive Vice President, Asia exercised options over 854 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) at a price of £0.01 each. On the same day Mr. Sng sold 854 Ordinary Shares at a price of £43.0237. The shares were granted on 30 May 2017 under the Company's Long-Term Incentive Plan.

The Company further announces that it has been notified that on 7 August 2020 Mr. Sng exercised nil-cost options over 420 Ordinary Shares granted on 2 March 2018 under the Company’s Deferred Bonus Plan. On the same day Mr. Sng sold 420 Ordinary Shares at a price of £43.0237.

Following the transactions, there is no change to Mr. Sng’s beneficial interest in 24,000 Ordinary Shares, representing 0.1% of the issued share capital of the Company.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Andy Sng
2.	Reason for the notification
(a)	Position/status	Executive Vice President, Asia
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	XP POWER LIMITED
(b)	LEI	213800I7RWQ3FV72EZ26
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the Financial Instrument	Ordinary shares of £0.01 each
(b)	Identification code of the Financial Instrument	SG9999003735
(c)	Nature of the transaction	Exercise and sale of options
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£43.0237	854 (Long Term Incentive Plan)
		£43.0237	420 (Deferred Bonus Plan)

(e)	Aggregated information - Aggregated volume - Price	Aggregate volume – 1,274 Aggregate price - £43.0237
(f)	Date of the transaction	7 August 2020
(g)	Place of the transaction	London Stock Exchange