Last checked at 22 Nov 2021 07:00
XP POWER LTD - Holding(s) in CompanyXP POWER LTD - Holding(s) in Company
PR Newswire
London, November 21
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
SG9999003735
Issuer Name
XP Power Limited
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
18-Nov-2021
6. Date on which Issuer notified
19-Nov-2021
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 12.978505 | 0.000000 | 12.978505 | 2,548,303 |
| Position of previous notification (if applicable) | 12.52 | 0.00 | 12.52 |
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 of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| SG9999003735 | 2,548,303 | 12.978505 | ||
| Sub Total 8.A | 2,548,303 | 12.978505 | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting 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 controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| abrdn plc | ||||
| abrdn plc | Standard Life Investments (Holdings) Limited | |||
| abrdn plc | Standard Life Investments Limited | 9.797769 | 0.000000 | 9.797769 |
| abrdn plc | ||||
| abrdn plc | Aberdeen Asset Management PLC | |||
| abrdn plc | Aberdeen Asset Managers Limited | |||
| abrdn plc | ||||
| abrdn plc | Standard Life Investments (Holdings) Limited | |||
| abrdn plc | Ignis Asset Management Limited | |||
| abrdn plc | Ignis Investment Services Limited | |||
| abrdn plc | ||||
| abrdn plc | Aberdeen Asset Management PLC | |||
| abrdn plc | Aberdeen Asset Investment Group Limited | |||
| abrdn plc | Aberdeen Asset 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 is to reflect the fact that the voting rights held indirectly by the underlying investment management entity Standard Life Investments Limited ("SLIL") decreased below a notifiable threshold on 18 November 2021 due to an internal in-specie transfer. SLIL now holds the delegated voting rights to 9.797769% of the shares in XP Power Limited. Prior to this crossing, SLIL held 10.394281% of the delegated voting rights.
12. Date of Completion
19-Nov-2021
13. Place Of Completion
Aberdeen, United Kingdom