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CPX - CAP XX News Story

3.45p -0.1  -2.8%

Last Trade - 14/08/20

Sector
Technology
Size
Micro Cap
Market Cap £15.6m
Enterprise Value £14.7m
Revenue £1.93m
Position in Universe 1438th / 1816

CAP-XX Limited - Notification of date of interim results and update

Wed 4th March, 2020 7:00am
RNS Number : 9652E
CAP-XX Limited
04 March 2020
 

 

 

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

 

4 March 2020

 

CAP-XX Limited

("CAP-XX" the "Company")

 

Notification of date of interim results and update

 

CAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, will be announcing its interim results for the half-year to December 31 2019 on Monday 16th March 2020.

 

Total sales revenue for the half year was A$1.93m and net cash as at the end of February 2020 stood at A$6.4m. The results are expected to be in line with the board's expectations, while good progress continues to be made on licensing and litigation related activities.

 

The Company has also made excellent progress with the project to transfer the former Murata manufacturing assets.  The first shipment occurred on schedule in March and the initial consideration has been paid to Murata.  The final shipments are expected to leave Murata in April. The lease on CAP-XX's new Sydney manufacturing facility, where the assets will be installed, has been signed and recruitment of personnel has been largely completed. Overall, the project remains on schedule and within budget.

 

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                                                          +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 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

 

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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