12th May 2023 09:18
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 Pat Elliott (Chairman)
| +61 (0) 2 9157 0000 |
Kreab (Financial PR) Robert Speed
| +44 (0) 20 7074 1800 |
Allenby Capital (Nominated Adviser and Joint Broker) David Hart / Alex Brearley (Corporate Finance) Tony Quirke (Sales and Corporate Broking)
| +44 (0) 20 3328 5656 |
Cenkos Securities plc (Joint Broker) Neil McDonald / Pete Lynch
| +44 (0) 13 1220 6939 |
More information is available at 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
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) |
| ||||
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 | ||||