9 June 2023
CAP-XX Limited
("CAP-XX" or "the Company")
Appointment of Chief Executive Officer
CAP-XX Limited (AIM: CPX), a global leader in prismatic, high-power supercapacitors, confirms that, further to the announcement of the appointment of Lars Stegmann as Chief Executive Officer of the Company on 11 May 2023, regulatory due diligence has been completed by the Company's Nominated Adviser and the appointment of Lars Stegmann to the board of the Company as an Executive Director is effective immediately.
The following information regarding the appointment of Lars Stegmann, aged 52, is disclosed under Schedule 2(g) of the AIM Rules for Companies:
Current Directorships |
Previous Directorships (within the last five years) |
Stegmann-Consulting |
- |
As at the date of this announcement, Lars Stegmann has a total of 20,000,000 options to subscribe for ordinary shares in the Company which were granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price of 1.31p per ordinary share. Mr Stegmann does not hold any ordinary shares in the Company.
Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment of Lars Stegmann.
For further information contact:
CAP-XX Limited
Pat Elliott (Chairman)
Lars Stegmann (Chief Executive Officer)
+61 (0) 2 9157 0000
Allenby Capital (Nominated Adviser and Joint Broker)
David Hart / Piers Shimwell (Corporate Finance)
Tony Quirke / Stefano Aquilino (Sales and Corporate Broking)
+44 (0) 20 3328 5656
Cenkos Securities plc (Joint Broker)
Neil McDonald / Pearl Kellie
+44 (0) 13 1220 6939
Kreab (Financial PR)
Robert Speed
+44 (0) 20 7074 1800
More information is available at www.cap-xx.com
Notes to Editors:
CAP-XX (LSE: CPX) is a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high power density and high energy storage capacity in a space-efficient prismatic package.These attributes are essential in power-hungry consumer and industrial electronics, and deliver similar benefits in automotive and other transportation applications. For more information about CAP-XX, visit www.cap-xx.com
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