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REPEAT: DIRECTOR DEALINGS: XP Power Chairman Sells 50K Shares Below Market

11th Oct 2013 11:45

LONDON (Alliance News) - XP Power Limited said Chairman Larry Tracey sold 50,000 shares Friday at a price of 1,500.00 pence per share.

Tracey still holds a 6.38% stake in the computer power-supply manufacturer, with more than 1.2 million shares.

Earlier Friday, XP Power said that due to a positive trading environment in its third quarter it has increased revenues 11% year on year for the three months ended September 30.

Shares were up 9.7% Friday midday at 1,547.38p per share.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright 2013 Alliance News Limited. All Rights Reserved.


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