14 August 2024
CAP-XX
Limited
("CAP-XX" or "the
Company")
Grant of
options
Further to the Company's
announcement on 18 June 2024, the Board of CAP-XX, a world leader
in the design and manufacture of supercapacitors and energy
management systems, announces that the Company has granted
60,000,000 options (the "Options") over ordinary shares of no par value in the Company ("Ordinary
Shares") to certain employees.
The exercise price of the Options is
0.08p, as was announced on 18 June 2024, being the closing
mid-market price of an Ordinary Share on 17 June 2024, the last
practicable date prior to the proposed grant of the Options. The
Options vest annually in equal instalments over five
years.
Following this grant of Options, the
total number of options outstanding over Ordinary Shares in the
Company will be 224,165,000.
For
further information contact:
CAP-XX Limited
Pat Elliott
(Chairman)
+61 (2) 9157 0000
Lars Stegmann (Chief Executive
Officer)
Allenby Capital (Nominated Adviser and
Broker)
David Hart / Piers Shimwell
(Corporate Finance)
+44 (0) 20 3328 5656
Tony Quirke / Stefano Aquilino (Sales
and Corporate Broking)
Notes to Editors:
CAP-XX (LSE: CPX) is a 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