REG - CAP-XX Limited - Proposed Placing <Origin Href="QuoteRef">CAPX.L</Origin>

CAP XXAnnouncement

15/07/2015 16:03

RNS Number : 1776M
CAP-XX Limited
05 May 2015
CAP-XX Limited
("CAP-XX" or the "Company")
Proposed Placing
The Board of CAP-XX announces that the Company is in discussions regarding undertaking a capital raise by way of a placing of approximately 31 million new ordinary shares at a substantial discount to the Company's current share price but a substantial premium to the price of the Company's last fundraise in March 2015.
A further announcement will be made in due course.
For further information, please contact:
CAP-XX Limited
Anthony Kongats (Chief Executive Officer)
+61 (0) 2 9428 0139
Allenby Capital Limited (Nominated Adviser and Broker)
David Hart/Alex Brearley
+44 (0) 20 3328 5656
Kreab (Financial PR) 
Robert Speed 
+44 (0) 20 7074 1800
Notes to editors
About CAP-XX
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 company news service from the London Stock Exchange
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