REG - CAP-XX Limited - Global Distribution Agreement with RS Group plc

CAP-XXAnnouncement

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RNS Number : 8576O  CAP-XX Limited  30 June 2025

30 June 2025

CAP-XX Limited

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

Global Distribution Agreement with RS Group plc

A Strategic Partner for Industrial Applications

Partnership expands CAP-XX's global reach alongside Digi-Key and Farnell
(Avnet)

CAP-XX Limited (LSE: CPX), a world leading developer of high-performance
supercapacitors and energy storage solutions, announces a global distribution
agreement (the "Agreement") with RS Group plc ("RS Group"), a world-renowned
distributor of industrial and electronic components and services.

The Agreement extends the global availability of CAP-XX's prismatic,
cylindrical, and hybrid supercapacitors through RS Group's far-reaching
logistics infrastructure, further accelerating the Company's accessibility
worldwide.

Expanding Global Reach with RS and Tier-One Distributors

The Agreement builds on CAP-XX's expanding global presence through a trio of
premier distribution partners: RS Group, Farnell (part of Avnet) and Digi-Key
underlined with the master distributor WALDOM. Together, they provide the
infrastructure and scale to deliver CAP-XX solutions from design to deployment
across every major global market.

About RS Group

RS Group plc is a global distributor of industrial and electrical products
headquartered in London, England. It is listed on the London Stock Exchange
under the ticker RS1 and is a constituent of the FTSE 250 Index.

The company operates in over 30 countries, employs approximately 9,000 people,
and serves more than 1 million customers worldwide. In its most recent
financial year, RS Group reported revenue of approximately £2.9 billion.

RS Group's portfolio includes RS, RS Americas (formerly Allied Electronics),
Distrelec, and OKdo, offering a combined catalogue of over 600,000 stocked
products sourced from more than 2,500 suppliers. The group is supported by
advanced logistics, digital procurement platforms, and localized engineering
services, with a strong presence across Europe, North America, and
Asia-Pacific. RS is particularly recognised for its capabilities in OEM
manufacturing support and industrial automation.

A Strategic Partner for Industrial Innovation

RS Group's global reach and industrial focus make it an ideal partner for
CAP-XX. With a customer base that spans industrial OEMs, automation engineers,
and maintenance professionals, RS supports fast, reliable fulfillment through
strategically located logistics hubs across key regions. Its active
engineering community and strong market penetration across sectors, including
smart metering, asset tracking, transportation, and renewable energy, grow
CAP-XX's ability to meet rising global demand.

Strengthening a Global Distribution Network

Together with Farnell and Digi-Key, RS Group enables CAP-XX to provide
comprehensive global distribution coverage, from early-stage design and
prototyping to large-scale production and deployment. These partnerships
position CAP-XX to support a wide range of applications in IoT, automotive,
consumer electronics, industrial automation, and energy storage.

Progress with distribution agreements going forwards will now focus on
expanding our market reach, enhancing collaboration with key partners, and
optimizing supply chain efficiency to ensure timely delivery and customer
satisfaction.

 

"Our agreement with RS Group marks a key milestone in our global expansion,"
said Lars Stegmann, CEO of CAP-XX. "RS Group's industrial focus and extensive
logistics reach mean our high-performance supercaps will be easily accessible
to a broader range of customers, from students, design engineers to SMEs.
Together with Farnell and Digi-Key, this partnership cements CAP-XX's position
in the global market and ahead of growing demand during the design-in phase in
the IoT, energy storage, industrial automation, defence and aerospace
markets."

 

For further information contact:

CAP-XX Limited

Dr Graham Cooley
(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:

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 about CAP-XX, visit www.cap-xx.com
(http://www.cap-xx.com)

 

 

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