5th May 2015 10:55
CAP-XX Limited
("CAP-XX" or the "Company")
Proposed Placing
The Board of CAP-XX announces that the Company is in discussions regarding undertaking a capital raise by way of a placing of approximately 31 million new ordinary shares at a substantial discount to the Company's current share price but a substantial premium to the price of the Company's last fundraise in March 2015.
A further announcement will be made in due course.
For further information, please contact:
| CAP-XX Limited
Anthony Kongats (Chief Executive Officer) |
+61 (0) 2 9428 0139 |
| Allenby Capital Limited (Nominated Adviser and Broker)David Hart/Alex Brearley |
+44 (0) 20 3328 5656
|
| Kreab (Financial PR) Robert Speed |
+44 (0) 20 7074 1800 |
Notes to editors
About CAP-XX
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.