12 May 2023
CAP-XX Limited
("CAP-XX" or "the Company")
Grant of share options
CAP-XX Limited (AIM: CPX), a global leader in prismatic, high-power supercapacitors, announces that, following Mr Stegmann's appointment as the Chief Executive Officer, he has been granted a total of 20,000,000 options to subscribe for new ordinary shares (the "Options"). The Options have been granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price of 1.31p per share. The Options have a life of five years, with 25% of the Options vesting six months after the anniversary of the grant date, with the remainder vesting in equal quarterly amounts from this date. Following today's grant, the Company will have a total of 55,790,000 share options outstanding.
The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation is appended below.
For further information contact:
CAP-XX Limited
Pat Elliott (Chairman)
+61 (0) 2 9157 0000
Kreab (Financial PR)
Robert Speed
+44 (0) 20 7074 1800
Allenby Capital (Nominated Adviser and Joint Broker)
David Hart / Alex Brearley (Corporate Finance)
Tony Quirke (Sales and Corporate Broking)
+44 (0) 20 3328 5656
Cenkos Securities plc (Joint Broker)
Neil McDonald / Pete Lynch
+44 (0) 13 1220 6939
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
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Lars Stegmann (Chief Executive Officer) |
2. |
Reason for the Notification |
|
a) |
Position/status |
See 1 (a) above |
b) |
Initial notification/Amendment |
Initial Notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
CAP-XX Limited |
b) |
LEI |
213800HECUSIYXH3WN26 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of no par value each |
Identification code |
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 |
|
b) |
Nature of the transaction |
Grant of new share options over 20,000,000 ordinary shares with an exercise price of 1.31p |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
|
Exercise price of 1.31p |
20,000,000 share options |
|
d) |
Aggregated information: -Aggregated volume -Price |
N/A |
e) |
Date of the transaction |
11 May 2023 |
f) |
Place of the transaction |
Outside a trading venue |
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