Director/PDMR Shareholding

5 June 2020

XP Power Limited

Director/PDMR Shareholding

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 4 June 2020 Mr. Andy Sng, Executive Vice President, Asia exercised options over 7,900 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) at a price of £15.425 each. On the same day Mr. Sng sold 7,900 Ordinary Shares at a price of £35.57. The shares were granted on 23 February 2016 under the Company's Share Option Plan.

Following the transaction, 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)
		£15.425 (exercise price)	7,900
		£35.57 (sale price)	7,900
(e)	Aggregated information -  Aggregated volume -   Price	N/A
(f)	Date of the transaction	4 June 2020
(g)	Place of the transaction	London Stock Exchange

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer [phone]

Gavin Griggs, Chief Financial Officer [phone]

Citigate Dewe Rogerson [phone]

Kevin Smith/Jos Bieneman