REG - CAP-XX Limited - Issue of Shares and Director/PDMR Shareholding

CAP-XXAnnouncement

21/01/2025 16:30

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RNS Number : 1732U  CAP-XX Limited  21 January 2025

21 January 2025

CAP-XX Limited

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

Issue of Shares and Director/PDMR Shareholding

Notification of transaction by persons discharging managerial responsibilities

Consistent with the Company's previous announcements regarding the issue of
ordinary shares in lieu of certain directors' salaries, and in line with the
Company's ongoing strategy to preserve its cash resources, CAP-XX announces
that it has today issued 32,344,952 ordinary shares of no par value in the
Company ("New Ordinary Shares"), in lieu of certain salaries for Mr Patrick
Elliott, a director, and Mr Steen Feldskov, a former director. The New
Ordinary Shares have been issued at a price of 0.2324 pence representing the
daily volume weighted average share price of the Company's ordinary shares on
AIM between 1 July 2024, being the date on which the directors' salaries were
due for payment and 13 January 2025.

The New Ordinary Shares being issued have been allocated to the following
director of CAP-XX:

 Director                                  New Ordinary Shares issued at 0.2324p  Total number of ordinary shares now held  % of enlarged ordinary share capital now held
 Patrick Elliott (Non-executive Chairman)  10,826,209                             46,690,630                                0.81%

 

In addition, 21,518,743 New Ordinary Shares have been allocated to Mr Steen
Feldskov.

Application will be made for the New Ordinary Shares to be admitted to trading
on AIM ("Admission") and it is expected that Admission will occur on or around
27 January 2025. Following Admission, the Company's issued share capital will
consist of 5,775,571,289 ordinary shares of no par value. The above figure of
5,775,571,289 may be used by shareholders as the denominator for the
calculations by which they can determine if they are required to notify their
interest in, or a change to their interest in the Company, under the
Disclosure Guidance and Transparency Rules.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them in
accordance with the requirements of the EU Market Abuse Regulation (which
forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act
2018) can be found below.

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:

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)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Patrick Elliott
 2    Reason for the notification
 a)   Position/status                                              Director - Non-Executive Chairman
 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 in CAP-XX Limited

      Identification code

                                                                   Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
 b)   Nature of the transaction                                    Shares issued in lieu of salary
 c)   Price(s) and volume(s)                                       Price(s)                         Volume(s)
                                                                   0.2324 pence per ordinary share  10,826,209 ordinary shares
 d)   Aggregated information                                       Single transaction as in 4 c) above.  10,826,209 ordinary shares were issued

                                                            at 0.2324 pence per ordinary share
      - Aggregated volume

      - Price
 e)   Date of the transaction                                      20 January 2025
 f)   Place of the transaction                                     Outside of trading venue - issue of new ordinary shares

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as in 4 c) above.  10,826,209 ordinary shares were issued
at 0.2324 pence per ordinary share

e)

Date of the transaction

20 January 2025

f)

Place of the transaction

Outside of trading venue - issue of new ordinary shares

 

 

 

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