HSBC - Dealings Disclosure - XP Power Limited

PROPOSED ACQUISITION OF XP POWER LIMITED DEALINGS DISCLOSURE INTRODUCTION The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch ("HSBC") refers to the non-binding cash proposal (the "Proposal") by Advanced Energy Industries, Inc. (the "Offeror") to acquire the entire share capital of XP Power Limited (the "Company") for a cash consideration of£19.50per share, as announced on21 May 2024(the "Announcement"). As stated in the...

London, 19/06/2024 (informazione.it - comunicati stampa - servizi)

The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (" ") refers to the non-binding cash proposal (the " ") by Advanced Energy Industries, Inc. (the " ") to acquire the entire share capital of XP Power Limited (the " ") for a cash consideration of per share, as announced on (the " ").

As stated in the Announcement, HSBC, together with J. P. Morgan Securities Asia Private Limited, are the joint financial advisers to the Offeror in respect of the Proposal.

All capitalised terms used and not defined herein shall have the same meanings given to them in the Joint Announcement. 

Pursuant to Rule 12.1 of the Singapore Code on Take-overs and Mergers (the " ") and the Practice Statement on the Exemption of Connected Fund Managers and Principal Traders under the Code, HSBC wishes to announce the dealings by its associates in the relevant securities of the Company on , details of which are set out in the Schedule hereto.

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