19 Apr 2016 07:00
XP POWER LTD - Holding(s) in CompanyXP POWER LTD - Holding(s) in Company
PR Newswire
London, April 18
| For filings with the FCA include the annex | |||||
| For filings with issuer exclude the annex | |||||
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | XP POWER LIMITED | ||||
| 2 Reason for the notification (please tick the appropriate box or boxes): | |||||
| An acquisition or disposal of voting rights | Y | ||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||
| An event changing the breakdown of voting rights | |||||
| Other (please specify): | |||||
| 3. Full name of person(s) subject to the notification obligation: iii | HARGREAVE HALE LIMITED | ||||
| 4. Full name of shareholder(s) (if different from 3.):iv | DISCRETIONARY CLIENTS | ||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 15 APRIL 2016 | ||||
| 6. Date on which issuer notified: | 18 APRIL 2016 | ||||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 10% | ||||
| 8. Notified details: | ||||||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||||||||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | ||||||||||||||
| Direct | Indirect | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
| SG9999003735 | 1,940,962 | 1,940,962 | 1,905,962 | 1,905,962 | 9.9051% | |||||||||||||
| B: Qualifying Financial Instruments | ||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | ||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||||
| Nominal | Delta | |||||||||||||||||
| Total (A+B+C) | ||||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||||
| 1,905,962 | 9.9051% | |||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
| 1,760,000 of these shares are held for unit trusts operated by Marlborough Fund Managers Ltd, for whom Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients. | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | ||
| 11. Number of voting rights proxy holder will cease to hold: | ||
| 12. Date on which proxy holder will cease to hold voting rights: | ||
| 13. Additional information: | ||
| 14. Contact name: | Jonathan Rhodes | |
| 15. Contact telephone number: | 01189 765074 | |
Xp Power (XPP)