Director/PDMR Shareholding

12 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 10 June 2020 Mr. Duncan Penny, Chief Executive Officer, exercised options over 60,750 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) at a price of £9.46 each. On the same day Mr. Penny sold 60,750 Ordinary Shares at a price of £35.14. The shares were granted on 10 October 2012 under the Company's Share Option Plan.

Following the transaction, there is no change to Mr. Penny’s beneficial interest in 206,990 Ordinary Shares, representing 1.1% of the issued share capital of the Company.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Duncan Penny
2.	Reason for the notification
(a)	Position/status	Chief Executive Officer
(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)
		£9.46 (exercise price)	60,750
		£35.14 (sale price)	60,750
(e)	Aggregated information -  Aggregated volume -   Price	N/A
(f)	Date of the transaction	10 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