Business
Acquisition - Rule 12 of Singapore Takeover Code
Acquisition - Rule 12 of Singapore Takeover Code.
About this update from Xp Power Ltd.
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE\n \n \n17th June 2024\n \n \n \nXP POWER LIMITED\n \n \n \nDEALINGS DISCLOSURE ANNOUNCEMENT BY THREADNEEDLE ASSET MANAGEMENT HOLDINGS LIMITED ON BEHALF OF AMERIPRISE FINANCIAL, INC.\n \n\n\n\n\nPursuant 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\n\n\nNature of Dealing\n\n\nNumber of Shares\n\n\nDealing Price (GBP £)\n\n\n\n\n14 June 2024 - ordinary shares\n\n\nSale\n\n\n73\n\n\n15.94\n\n\n\n\n14 June 2024 - ordinary shares\n\n\nSale\n\n\n111\n\n\n15.94\n\n\n\n\n \nAfter 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*. \n \n \n*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.\n \n\n","length":4317,"tagName":"div"}]