REG - CAP-XX Limited - Global Distribution Agreement with Premier Farnell

CAP-XXAnnouncement

18/03/2025 09:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250318:nRSR1139Ba&default-theme=true

RNS Number : 1139B  CAP-XX Limited  18 March 2025

18 March 2025

CAP-XX Limited

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

 Global Distribution Agreement with Premier Farnell

CAP-XX Limited, a world leader in the design and manufacture of
supercapacitors and energy management systems, is pleased to announce a global
distribution agreement with Premier Farnell, part of Avnet Inc., the
second-largest electronic components distributor in the world, with annual
revenues of $26.5 billion.

Farnell, with 3,500 employees across 60 locations, is a leading global
e-catalogue distributor, generating revenues of $1.73 billion in 2023.
Stocking over 950,000 electronic and industrial products from more than 2,000
suppliers, Farnell operates under the Farnell brand in Europe, Newark in North
America, and Element14 in Asia. Renowned for supporting design engineers at
the early stages of new projects, Farnell offers small quantity orders and
fast, 24-hour delivery from its warehouses in Europe, the USA, and Asia.

Lars Stegmann, CEO of CAP-XX, said, "We are thrilled to partner with Premier
Farnell. This collaboration strengthens our global footprint and ensures that
CAP-XX's innovative supercapacitors are readily accessible to customers
worldwide. Farnell's extensive network and reputation for supporting design
engineers make them an ideal partner."

 

For further information contact:

 

CAP-XX Limited

Pat Elliott
(Chairman)
+61 (2) 9157 0000

Lars Stegmann (Chief Executive Officer)

 

Allenby Capital (Nominated Adviser and Broker)

David Hart / Piers Shimwell (Corporate Finance)
                        +44 (0) 20 3328 5656

Jos Pinnington / Tony Quirke (Sales and Corporate Broking)

 

Notes to Editors:

 

About CAP-XX

 

CAP-XX (LSE: CPX) is a 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 visit www.cap-xx.com (http://www.cap-xx.com)

 

About Premier Farnell

Premier Farnell, part of Avnet Inc., is a leading global distributor of
electronic components and industrial products. Operating under the Farnell
brand in Europe, Newark in North America, and Element14 in Asia, Premier
Farnell supports engineers and manufacturers at every stage of the product
lifecycle, from design to production. With a vast catalogue of over 950,000
products sourced from more than 2,000 leading suppliers, the company offers a
unique combination of inventory breadth, design support, and logistical
expertise. Premier Farnell is renowned for its customer-centric approach,
providing fast delivery, technical resources, and small-order quantities to
meet the needs of design engineers and innovators worldwide.

For more information, visit www.farnell.com (http://www.farnell.com)

About Avnet, Inc.

Avnet, Inc. (NASDAQ: AVT) is a Fortune 500 global technology distributor and
solutions provider, with a history spanning over 100 years. Headquartered in
Phoenix, Arizona, Avnet is one of the world's largest electronic components
distributors, generating revenues of $26.5 billion in fiscal 2023. The company
provides a comprehensive suite of solutions across the design-to-deployment
lifecycle, serving customers in over 140 countries. Avnet's expertise in
supply chain management, engineering services, and digital platforms empowers
its customers to turn ideas into tangible technology. Avnet is committed to
advancing the connected world through innovation and collaboration.

For more information, visit www.avnet.com (http://www.avnet.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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGRFIFVAVLITLIE