Rule 12 of the Singapore Takeover Code

BlackRock Group

28 May 2024

 

FOR IMMEDIATE RELEASE

24 MAY 2024

XP POWER LIMITED

DEALINGS DISCLOSURE ANNOUNCEMENT BY BLACKROCK, INC.

Pursuant to Rule 12.1 of the Singapore Code on Take-overs and Mergers (the "Code"), BlackRock, Inc. announces the following dealing in the ordinary shares/financial instruments of XP Power Limited (the "Shares") on the following dates (the "Dealing"): Date of Dealing	Nature of Dealing	Number of Shares	Dealing Price (GBP £)
21 May 2024 - financial instrument	Purchase	5,772	16.95
21 May 2024 - financial instrument	Purchase	3,625	16.95
21 May 2024 - financial instrument	Purchase	3,626	16.95
21 May 2024 - financial instrument	Purchase	383	16.95
21 May 2024 - financial instrument	Purchase	383	16.95
21 May 2024 - financial instrument	Purchase	5,771	16.95
21 May 2024 - ordinary shares	Sale	3,268	17.01
21 May 2024 - ordinary shares	Sale	3,558	17.01
21 May 2024 - ordinary shares	Sale	1,634	17.01
22 May 2024 - financial instrument	Purchase	5,440	16.61
22 May 2024 - financial instrument	Purchase	576	16.61
22 May 2024 - financial instrument	Purchase	8,656	16.61
22 May 2024 - financial instrument	Purchase	1,813	16.73
22 May 2024 - financial instrument	Purchase	192	16.73
22 May 2024 - financial instrument	Purchase	2,885	16.73
22 May 2024 - ordinary shares	Sale	16,798	16.54
22 May 2024 - ordinary shares	Sale	11,516	16.54
22 May 2024 - ordinary shares	Sale	8,669	16.63
22 May 2024 - ordinary shares	Sale	5,944	16.63
23 May 2024 - financial instrument	Purchase	5,731	16.38
23 May 2024 - financial instrument	Purchase	5,590	16.38
23 May 2024 - ordinary shares	Sale	5,291	16.40
23 May 2024 - ordinary shares	Sale	3,628	16.40
23 May 2024 - ordinary shares	Sale	14,245	16.27
23 May 2024 - ordinary shares	Purchase	3,007	16.27
23 May 2024 - financial instrument	Purchase	5,732	16.27
23 May 2024 - financial instrument	Purchase	5,590	16.27
23 May 2024 - ordinary shares	Sale	736	15.94
23 May 2024 - ordinary shares	Purchase	14,507	16.20
24 May 2024 - ordinary shares	Sale	35,966	15.82
24 May 2024 - ordinary shares	Sale	1,446	15.97

After the Dealing reported above, BlackRock, Inc. holds 1,256,486 Shares (comprised of 1,037,231 ordinary shares & 219,255 financial instruments) representing approximately 5.30% per cent. of the total Shares in issue¹.

¹ The percentage shareholding is computed based on a total of 23,681,754 Shares (excluding treasury shares) as at 24 May 2024 and rounded to the nearest two (2) decimal places.

 

END