Company Announcements

Acquisition - Rule 12 of Singapore Takeover Code

Source: RNS
RNS Number : 7187S
Threadneedle Asset Mgmt Hldgs Ltd
17 June 2024
 

FOR IMMEDIATE RELEASE

 

 

17th June 2024

 

 

 

XP POWER LIMITED

 

 

 

DEALINGS DISCLOSURE ANNOUNCEMENT BY THREADNEEDLE ASSET MANAGEMENT HOLDINGS LIMITED ON BEHALF OF AMERIPRISE FINANCIAL, INC.

 

Pursuant to Rule 12.1 of the Singapore Code on Take-overs and Mergers (the "Code"), Ameriprise Financial, 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 £)

14 June 2024 - ordinary shares

Sale

73

15.94

14 June 2024 - ordinary shares

Sale

111

15.94

 

After the Dealing reported above, Ameriprise Financial, Inc., on behalf of its various affiliates and subsidiaries which act as investment manager and therefore have investment discretion over certain funds and accounts, holds 1,866,351 Shares representing approximately 7.88% per cent. of the total Shares in issue*. 

 

 

*The percentage shareholding is computed based on a total of 23,681,754 Shares (excluding treasury shares) as of 14th June 2024 and rounded to the nearest two (2) decimal places.

 

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