TR-1: Standard form for notification
of major holdings
1. Issuer Details
ISIN
SG9999003735
Issuer Name
XP Power Ltd
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
BlackRock, Inc.
City of registered office (if
applicable)
Wilmington
Country of registered office (if
applicable)
USA
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
12-May-2021
6. Date on which Issuer notified
13-May-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 |
5.570000 |
1.450000 |
7.020000 |
1379883 |
| Position of previous notification (if
applicable) |
5.460000 |
1.450000 |
6.910000 |
|
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 |
|
1094403 |
|
5.570000 |
| Sub Total 8.A |
1094403 |
5.570000% |
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 |
| Securities Lending |
|
|
6644 |
0.030000 |
| Sub Total 8.B1 |
|
6644 |
0.030000% |
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 |
| CFD |
|
|
Cash |
278836 |
1.420000 |
| Sub Total 8.B2 |
|
278836 |
1.420000% |
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 |
|
BlackRock, Inc. |
|
|
|
|
BlackRock Holdco 2, Inc. |
|
|
|
|
BlackRock Financial Management, Inc. |
|
|
|
|
BlackRock International Holdings, Inc. |
|
|
|
|
BR Jersey International Holdings L.P. |
|
|
|
|
BlackRock Holdco 3, LLC |
|
|
|
|
BlackRock Cayman 1 LP |
|
|
|
|
BlackRock Cayman West Bay Finco Limited |
|
|
|
|
BlackRock Cayman West Bay IV Limited |
|
|
|
|
BlackRock Group Limited |
|
|
|
|
BlackRock Group Limited |
|
|
|
|
BlackRock Finance Europe Limited |
|
|
|
|
BlackRock Investment Management (UK) Limited |
5.090000 |
1.450000 |
6.540000 |
|
BlackRock, Inc. |
|
|
|
|
BlackRock Holdco 2, Inc. |
|
|
|
|
BlackRock Financial Management, Inc. |
|
|
|
|
BlackRock International Holdings, Inc. |
|
|
|
|
BR Jersey International Holdings L.P. |
|
|
|
|
BlackRock Holdco 3, LLC |
|
|
|
|
BlackRock Cayman 1 LP |
|
|
|
|
BlackRock Cayman West Bay Finco Limited |
|
|
|
|
BlackRock Cayman West Bay IV Limited |
|
|
|
|
BlackRock Group Limited |
|
|
|
|
BlackRock Finance Europe Limited |
|
|
|
|
BlackRock Advisors (UK) 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
BlackRock Regulatory Threshold Reporting Team
Jana Blumenstein
020 7743 3650
12. Date of Completion
13th May 2021
13. Place Of Completion
12 Throgmorton Avenue, London,
EC2N 2DL, U.K