REG - CAP-XX Limited - Grant of share options

CAP-XXAnnouncement

12/05/2023 09:30

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RNS Number : 2490Z  CAP-XX Limited  12 May 2023

12 May 2023

CAP-XX Limited

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

 

Grant of share options

CAP-XX Limited (AIM: CPX), a global leader in prismatic, high-power
supercapacitors, announces that, following Mr Stegmann's appointment as the
Chief Executive Officer, he has been granted a total of 20,000,000 options to
subscribe for new ordinary shares (the "Options"). The Options have been
granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price
of 1.31p per share. The Options have a life of five years, with 25% of the
Options vesting six months after the anniversary of the grant date, with the
remainder vesting in equal quarterly amounts from this date. Following today's
grant, the Company will have a total of 55,790,000 share options outstanding.

The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation is appended below.

 

For further information contact:

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

 Pat Elliott (Chairman)

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

 Robert Speed

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

 David Hart / Alex Brearley (Corporate Finance)

 Tony Quirke (Sales and Corporate Broking)

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

 Neil McDonald / Pete Lynch

 

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)

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1.    Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Lars Stegmann (Chief Executive Officer)
 2.    Reason for the Notification
 a)    Position/status                                              See 1 (a) above
 b)    Initial notification/Amendment                               Initial Notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         CAP-XX Limited
 b)    LEI                                                          213800HECUSIYXH3WN26
 4.    Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a)    Description of the Financial instrument, type of instrument  Ordinary shares of no par value each

       Identification code                                          Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
 b)    Nature of the transaction                                    Grant of new share options over 20,000,000 ordinary shares with an exercise
                                                                    price of 1.31p

 c)    Price(s) and volume(s)                                       Price(s)                 Volume(s)
                                                                    Exercise price of 1.31p  20,000,000 share options
 d)    Aggregated information:                                      N/A

       -Aggregated volume

       -Price
 e)    Date of the transaction                                      11 May 2023
 f)    Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

-Aggregated volume

-Price

N/A

e)

Date of the transaction

11 May 2023

f)

Place of the transaction

Outside a trading venue

 

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