21 January 2025
CAP-XX
Limited
("CAP-XX" or the
"Company")
Issue of Shares and
Director/PDMR Shareholding
Notification of transaction
by persons discharging managerial
responsibilities
Consistent with the Company's
previous announcements regarding the issue of ordinary shares in
lieu of certain directors' salaries, and in line with the Company's
ongoing strategy to preserve its cash resources, CAP-XX announces
that it has today issued 32,344,952 ordinary
shares of no par value in the Company ("New Ordinary Shares"), in
lieu of certain salaries for Mr Patrick Elliott, a director, and Mr
Steen Feldskov, a former director. The New Ordinary Shares have
been issued at a price of 0.2324 pence representing the daily
volume weighted average share price of the Company's ordinary
shares on AIM between 1 July 2024, being the date on which the
directors' salaries were due for payment and 13 January
2025.
The New Ordinary Shares being issued
have been allocated to the following director of CAP-XX:
|
Director
|
New Ordinary Shares issued
at 0.2324p
|
Total number of ordinary
shares now held
|
% of enlarged ordinary share
capital now held
|
|
Patrick Elliott (Non-executive
Chairman)
|
10,826,209
|
46,690,630
|
0.81%
|
In addition, 21,518,743 New Ordinary
Shares have been allocated to Mr Steen Feldskov.
Application will be made for the New
Ordinary Shares to be admitted to trading on AIM ("Admission") and
it is expected that Admission will occur on or around 27 January
2025. Following Admission, the Company's issued share capital will
consist of 5,775,571,289 ordinary shares of no par value. The above
figure of 5,775,571,289 may be used by shareholders as the
denominator for the calculations by which they can determine if
they are required to notify their interest in, or a change to their
interest in the Company, under the Disclosure Guidance and
Transparency Rules.
Notification and public disclosure
of transactions by persons discharging managerial responsibilities
and persons closely associated with them in accordance with the
requirements of the EU Market Abuse Regulation (which forms part of
Domestic UK Law pursuant to the European Union (Withdrawal) Act
2018) can be found below.
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
Jos Pinnington/Tony Quirke (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
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Patrick Elliott
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director - Non-Executive
Chairman
|
|
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
Identification code
|
Ordinary shares of no par value each
in CAP-XX Limited
Identification code (ISIN) for
CAP-XX Limited ordinary shares: AU0000XINAS1
|
|
b)
|
Nature of the transaction
|
Shares issued in lieu of
salary
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.2324 pence
per ordinary share
|
10,826,209 ordinary shares
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Single transaction as in 4 c)
above. 10,826,209 ordinary shares were issued at 0.2324 pence per ordinary
share
|
|
e)
|
Date of the transaction
|
20 January 2025
|
|
f)
|
Place of the transaction
|
Outside of trading venue - issue of
new ordinary shares
|