REG - CAP-XX Limited - Exercise of share options & PDMR shareholding

CAP XXAnnouncement

23/10/2018 07:05

RNS Number : 8601E
CAP-XX Limited
23 October 2018
 


 
23 October 2018
CAP-XX Limited
("CAP-XX" or "the Company")
Exercise of employee share options
Notification of transactions by persons discharging managerial responsibilities
CAP-XX Limited, a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, announces that certain of its employees have today exercised a total of 2,340,886 options to subscribe for new ordinary shares in the Company.  Included within this number are options exercised by Mr Pierre Mars, Vice President of Quality and Applications and Mr Mike Taylor, Chief Financial Officer, who are considered to be persons discharging managerial responsibilities.  Mr Mars and Mr Taylor have exercised options to subscribe for a total of 750,000 and 1,000,000 new ordinary shares respectively, all of which had an exercise price of 5 pence per ordinary share. 
Pursuant to these exercises of options, CAP-XX has made an application for a total of 2,340,886 new ordinary shares in the Company (the "New Shares") to be admitted to trading on AIM. Trading in the New Shares is expected be become effective on 26 October 2018.
Following the issue of the New Shares, the Company will have a total of 303,164,473 ordinary shares in issue. Therefore, the total number of ordinary shares with voting rights will be 303,164,473 which may be used by shareholders in the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
The FCA notifications, made in accordance with the requirements of the EU Market Abuse Regulation are appended below.
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


Mr Pierre Mars




2


Reason for the notification




a)


Position/status


Vice President, Quality & Applications




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


Exercise of options




c)


Price(s) and volume(s)






No. of options exercised


Exercise price




750,000


5 pence








d)


Aggregated information
- Aggregated volume
- Price


N/A




e)


Date of the transaction


23 October 2018




f)


Place of the transaction


Outside of trading venue - issue of new ordinary shares




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Mr Mike Taylor




2


Reason for the notification




a)


Position/status


Chief Financial Officer




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


Exercise of options




c)


Price(s) and volume(s)






No. of options exercised


Exercise price




1,000,000


5 pence








d)


Aggregated information
- Aggregated volume
- Price


N/A




e)


Date of the transaction


23 October 2018




f)


Place of the transaction


Outside of trading venue - issue of new ordinary shares




 
 
**ENDS**
 
For further information contact:
 
CAP-XX Limited
Anthony Kongats (Chief Executive Officer)                             +61 (0) 2 9428 0139
Kreab (Financial PR)
Robert Speed                                                                         +44 (0) 20 7074 1800
Allenby Capital (Nominated Adviser and Broker)
David Hart / Alex Brearley (Corporate Finance)                    +44 (0) 20 3328 5656
 
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 large supercapacitor based modules used 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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