1 July 2025
CAP-XX Limited
("CAP-XX" or "the Company")
Issue of Shares and Director/PDMR Shareholdings
Grant of options
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 14,452,464 ordinary shares of no par value in the Company ("New Ordinary Shares"), in lieu of certain fees for Dr Graham Cooley, Chairman, and in lieu of part of a bonus due to Mr. Lars Stegmann, Chief Executive Officer, for the year ended 30 June 2025. The New Ordinary Shares have been issued at a price of 0.22 pence, being the closing mid-market price of the Company's shares on 30 June 2025.
The New Ordinary Shares being issued have been allocated to the following directors of CAP-XX:
|
Director |
New Ordinary Shares issued at 0.22p |
Total number of ordinary shares now held |
% of enlarged ordinary share capital now held |
|
Dr Graham Cooley |
5,821,600 |
579,003,400 |
10.00% |
|
Lars Stegmann |
8,630,864 |
17,130,864 |
0.30% |
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 7 July 2025. Following Admission, the Company's issued share capital will consist of 5,790,023,753 ordinary shares of no par value. The above figure of 5,790,023,753 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.
The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation, is appended further below.
Grant of options
The Company announces that, in line with their employment contract, an employee has been granted 1,000,000 options (the "Options") over ordinary shares in the Company ("Ordinary Shares"). The Options have an exercise price of 0.22p, being the closing mid-market price of an Ordinary share on 30 June 2025, the last practicable date prior to the grant of the Options. The Options vest immediately and have a term for exercise of five years. Following this grant of Options, the total number of options outstanding over Ordinary Shares in the Company will be 325,165,000.
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
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
1) Dr Graham Cooley 2) Lars Stegmann |
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2 |
Reason for the notification |
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a) |
Position/status |
1) Non-Executive Chairman 2) Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
CAP-XX Limited |
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|
b) |
LEI |
213800HECUSIYXH3WN26 |
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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 |
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|
a)
|
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 |
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b) |
Nature of the transaction |
Shares issued in lieu of salary |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
Single transaction as in 4 c) above. |
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e) |
Date of the transaction |
1 July 2025 |
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f) |
Place of the transaction |
Outside of trading venue - issue of new ordinary shares |
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