CAP-XX Limited, a leader in supercapacitor and energy management systems, has successfully raised £2.0 million through a Placing of 2,000,000,000 new Ordinary Shares at an Issue Price of 0.1 pence per Ordinary Share. The Placing was conducted by Allenby Capital Limited through an accelerated book build process. Additionally, Patrick Elliott, Lars Stegmann, and Steen Feldskov have subscribed for a total of 35,000,000 new Ordinary Shares at the Issue Price, raising an aggregate of £35,000.

The Retail Offer through the REX platform is expected to remain open until 3.00 p.m. today, with a further announcement to be made regarding the result of the Retail Offer. The Circular, containing the Notice of General Meeting in respect of the Fundraise, is expected to be posted to Shareholders on 25 March 2024 and will be available on the Company's website. The General Meeting is scheduled to be held at the offices of CAP-XX Limited at Unit 1/13A Stanton Road, Seven Hills, Australia, at 5.00 p.m. AEST on 23 April 2024.

Regarding the Admission, 103,854,880 Placing Shares will be issued under the Company's existing authorities, with the First Admission and commencement of dealings expected to take place at 8.00 a.m. on 28 March 2024. Application will also be made for 1,896,145,120 Placing Shares and 35,000,000 Subscription Shares to be admitted to trading on AIM, with Second Admission and commencement of dealings expected to take place at 8.00 a.m. on 25 April 2024.

Following the First Admission, the Company's issued and fully paid share capital will consist of 824,043,207 Ordinary Shares, all carrying one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 824,043,207. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, shareholders can contact CAP-XX Limited or Allenby Capital. More information is available at www.cap-xx.com.