REG - CAP-XX Limited - Litigation with Kyocera AVX settled

CAP-XXAnnouncement

08/04/2024 09:15

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RNS Number : 6633J  CAP-XX Limited  08 April 2024

 

8 April 2024

CAP-XX Limited

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

Litigation with Kyocera AVX settled

 

CAP-XX is pleased to announce that the litigation with Kyocera AVX in the
Supreme Court Of New South Wales has been settled with each party agreeing to
pay its own costs. Therefore, CAP-XX has no exposure to any costs incurred by
Kyocera AVX.

The effect of the settlement is that CAP-XX has no litigation matters
outstanding and the Board and management can focus fully on continuing to
progress the CAP-XX business.

 

 

For further information contact:

CAP-XX Limited

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

Lars Stegmann (Chief Executive Officer)

 

Allenby Capital (Nominated Adviser and Joint Broker)

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

Tony Quirke / Stefano Aquilino (Sales and Corporate Broking)

 

Cavendish Securities plc (Joint Broker)

Neil McDonald / Pearl Kellie
 
+44 (0) 13 1220 6939

 

Kreab (Financial PR)

Robert
Speed
+44 (0) 20 7074 1800

 

 

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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