REG - CAP-XX Limited - Appointment of Chief Executive Officer

CAP-XXAnnouncement

09/06/2023 08:00

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RNS Number : 2379C  CAP-XX Limited  09 June 2023

9 June 2023

CAP-XX Limited

("CAP-XX" or "the Company")

 

Appointment of Chief Executive Officer

CAP-XX Limited (AIM: CPX), a global leader in prismatic, high-power
supercapacitors, confirms that, further to the announcement of the appointment
of Lars Stegmann as Chief Executive Officer of the Company on 11 May 2023,
regulatory due diligence has been completed by the Company's Nominated Adviser
and the appointment of Lars Stegmann to the board of the Company as an
Executive Director is effective immediately.

The following information regarding the appointment of Lars Stegmann, aged 52,
is disclosed under Schedule 2(g) of the AIM Rules for Companies:

 Current Directorships  Previous Directorships (within the last five years)
 Stegmann-Consulting    -

 

As at the date of this announcement, Lars Stegmann has a total of 20,000,000
options to subscribe for ordinary shares in the Company which were granted
pursuant to the CAP-XX Limited Share Option Plan at an exercise price of 1.31p
per ordinary share.  Mr Stegmann does not hold any ordinary shares in the
Company.

Save as set out above there are no further disclosures pursuant to Rule 17 or
Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the
appointment of Lars Stegmann.

For further information contact:

 CAP-XX Limited                                                 +61 (0) 2 9157 0000

 Pat Elliott (Chairman)

 Lars Stegmann (Chief Executive Officer)

 Allenby Capital (Nominated Adviser and Joint Broker)           +44 (0) 20 3328 5656

 David Hart / Piers Shimwell (Corporate Finance)

 Tony Quirke / Stefano Aquilino (Sales and Corporate Broking)

 Cenkos Securities plc (Joint Broker)                           +44 (0) 13 1220 6939

 Neil McDonald / Pearl Kellie

 Kreab (Financial PR)                                           +44 (0) 20 7074 1800

 Robert Speed

 

More information is available at www.cap-xx.com (http://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 (http://www.cap-xx.com)

 

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