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

CAP XXAnnouncement

04/03/2020 07:00

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
 
 
 
 
 


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