REG - CAP-XX Limited - Grant of Share Options

CAP-XXAnnouncement

14/10/2021 10:00

RNS Number : 0930P
  
CAP-XX Limited
  
14 October 2021
  
 

 
14 October 2021
CAP-XX Limited 
("CAP-XX" or "the Company")
Grant of Share Options
 
The Board of CAP-XX announces that a total of 34,665,000 options to subscribe for new ordinary shares (the "Options") have today been granted to Directors and various employees of CAP-XX. 
The Options have been granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price of 5.95p 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 monthly amounts of 1/48th from this date. Following today's grant, the Company will have a total of 49,440,000 stock options outstanding.
The table below provides details of the Options that were granted to persons discharging managerial responsibilities (PDMRs).  



Directors/PDMR


Total number of new Options granted 


Total number of options now held following the grant 




Patrick Elliott (Non-Executive Chairman)


2,300,000


3,900,000




Bruce Grey (Non-Executive Director)


2,300,000


3,900,000




Anthony Kongats (Chief Executive Officer)


7,000,000


11,800,000




Michael Taylor (Chief Financial Officer)


1,750,000


2,950,000




Pierre Mars (VP, Quality & Applications)


1,750,000


2,950,000




Alex Bilyk (VP, Research & Development)


3,000,000


4,200,000




Dallas Garratt (GM, Operations)


2,000,000


2,000,000




Song Hee Lau (GM - Sales & Marketing, APAC)


4,000,000


5,200,000




Jeff Colton - (EVP - USA)


4,000,000


4,000,000




Marco Ranalli (GM - Europe)


4,000,000


4,000,000



 
The grants of Options to PDMRs are notifiable pursuant to the EU Market Abuse Regulation which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018.  Notification and public disclosure of these transactions by PDMRs can be found below.



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


Grant of new options over 2,300,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price


2,300,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Bruce Grey




2


Reason for the notification




a)


Position/status


Director - Non-Executive 




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


Grant of new options over 2,300,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price


2,300,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Anthony Kongats




2


Reason for the notification




a)


Position/status


Director - Chief Executive 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


Grant of new options over 7,000,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price


7,000,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Michael 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


Grant of new options over 1,750,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


1,750,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Pierre Mars




2


Reason for the notification




a)


Position/status


Vice President, Applications & Quality




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


Grant of new options over 1,750,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


1,750,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Alex Bilyk




2


Reason for the notification




a)


Position/status


Vice President, Research & Development




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


Grant of new options over 3,000,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


3,000,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Dallas Garratt




2


Reason for the notification




a)


Position/status


General Manager, Operations




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


Grant of new options over 2,000,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


2,000,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Song Hee Lau




2


Reason for the notification




a)


Position/status


General Manager - Sales & Marketing - APAC




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


Grant of new options over 4,000,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


4,000,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Jeff Colton




2


Reason for the notification




a)


Position/status


Executive Vice President - USA




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


Grant of new options over 4,000,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


4,000,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Marco Ranalli




2


Reason for the notification




a)


Position/status


General Manager - Europe 




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


Grant of new options over 4,000,000 ordinary shares with an exercise price of 5.95p
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




5.95p exercise price 


4,000,000








d)


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transaction


14 October 2021




f)


Place of the transaction


Outside of trading venue



 
For further information contact:



CAP-XX Limited
Anthony Kongats (CEO)
 


+61 (0) 2 9428 0139




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
 

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