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RNS Number : 1406S CAP-XX Limited 12 July 2022
12 July 2022
CAP-XX Limited
("CAP-XX" or the "Company")
Issue of Shares and Director/PDMR Shareholdings
Notification of transactions 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 1,062,343 ordinary shares of no par value in the
Company ("New Ordinary Shares"), in lieu of certain directors' salaries. The
New Ordinary Shares have been issued at a price of 5.54 pence representing the
daily volume weighted average share price of the Company's ordinary shares on
AIM between 1 July 2021, being the date on which the directors' salaries were
due for payment and 8 July 2022.
The New Ordinary Shares being issued in lieu of director salaries have been
allocated to the following directors of CAP-XX:
Director New Ordinary Shares issued at 5.54p Total number of ordinary shares now held % of enlarged ordinary share capital now held
Patrick Elliot (Non-executive Chairman) 476,565 9,127,144 1.79%
Bruce Grey (Non-executive director) 476,565 7,382,295 1.45%
Steen Feldskov (Non-executive director) 109,213 109,213 0.02%
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
18 July 2022. Following Admission, the Company's issued share capital will
consist of 510,235,834 ordinary shares of no par value. The above
figure (510,235,834) 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.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Patrick Elliot
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)
5.54 pence per ordinary share 476,565 ordinary shares
d) Aggregated information Single transaction as in 4 c) above. 476,565 ordinary shares were issued at
5.54 pence per ordinary share
- Aggregated volume
- Price
e) Date of the transaction 12 July 2022
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. 476,565 ordinary shares were issued at
5.54 pence per ordinary share
e)
Date of the transaction
12 July 2022
f)
Place of the transaction
Outside of trading venue - issue of new ordinary shares
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Bruce Grey
2 Reason for the notification
a) Position/status Director - Non-Executive Director
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)
5.54 pence per ordinary share 476,565 ordinary shares
d) Aggregated information Single transaction as in 4 c) above. 476,565 ordinary shares were issued at
5.54 pence per ordinary share
- Aggregated volume
- Price
e) Date of the transaction 12 July 2022
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. 476,565 ordinary shares were issued at
5.54 pence per ordinary share
e)
Date of the transaction
12 July 2022
f)
Place of the transaction
Outside of trading venue - issue of new ordinary shares
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Steen Feldskov
2 Reason for the notification
a) Position/status Director - Non-Executive Director
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)
5.54 pence per ordinary share 109,213 ordinary shares
d) Aggregated information Single transaction as in 4 c) above. 109,213 ordinary shares were issued at
5.54 pence per ordinary share
- Aggregated volume
- Price
e) Date of the transaction 12 July 2022
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. 109,213 ordinary shares were issued at
5.54 pence per ordinary share
e)
Date of the transaction
12 July 2022
f)
Place of the transaction
Outside of trading venue - issue of new ordinary shares
For further information contact:
CAP-XX Limited
Anthony Kongats (Chief Executive Officer) +61 (0) 2 9428 0139
Kreab (Financial PR)
Robert Speed +44 (0) 20 7074 1800
Allenby Capital (Nominated Adviser and Joint Broker)
David Hart / Alex Brearley (Corporate Finance) +44 (0) 20 3328 5656
Cenkos Securities plc (Joint Broker) +44 (0) 12 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)
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