CAP-XX Limited Issue of Shares and Director/PDMR Shareholdings (0935Z)
December 12 2017 - 4:35AM
UK Regulatory
TIDMCPX
RNS Number : 0935Z
CAP-XX Limited
12 December 2017
12 December 2017
CAP-XX Limited
("CAP-XX" or the "Company")
Issue of Shares and Director/PDMR Shareholdings
Consistent with the Company's previous announcements on 30
October 2014, 2 June 2015, 8 December 2015, 4 May 2016, 8 December
2016 and 29 June 2017 and in-line with its ongoing strategy to
preserve its cash resources, CAP-XX announces that it has today
issued 206,010 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 12.757p representing
the daily volume weighted average share price of the Company's
ordinary shares on AIM between 3 July 2017, being the date on which
the directors' salaries were due for payment and 7 December
2017.
The New Ordinary Shares being issued in lieu of director
salaries have been allocated to the following directors of
CAP-XX:
Director New Ordinary Total number % of enlarged
Shares issued of ordinary ordinary
at 12.757p shares now share capital
held now held
------------------------------- --------------- ------------- ---------------
Patrick Elliot (Non-executive
director) 103,005 6,000,852 2.01%
------------------------------- --------------- ------------- ---------------
Bruce Grey (Non-executive
director) 103,005 4,172,670 1.40%
------------------------------- --------------- ------------- ---------------
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 19 December 2017. Following
Admission, the Company's issued share capital will consist of
298,212,065 ordinary shares of no par value. The above figure
(298,212,065) 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 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 Ordinary shares of no par value
instrument, type of instrument 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)
-------------- -----------------
12.757 pence 103,005 ordinary
per ordinary shares
share
-------------- -----------------
--- -------------------------------- ---------------------------------------
d) Aggregated information Single transaction as in 4 c) above.
- Aggregated volume 103,005 ordinary shares were issued
- Price at 12.757 pence per ordinary share
--- -------------------------------- ---------------------------------------
e) Date of the transaction 12 December 2017
--- -------------------------------- ---------------------------------------
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 Ordinary shares of no par value
instrument, type of instrument 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)
-------------- -----------------
12.757 pence 103,005 ordinary
per ordinary shares
share
-------------- -----------------
--- -------------------------------- ---------------------------------------
d) Aggregated information Single transaction as in 4 c) above.
- Aggregated volume 103,005 ordinary shares were issued
- Price at 12.757 pence per ordinary share
--- -------------------------------- ---------------------------------------
e) Date of the transaction 12 December 2017
--- -------------------------------- ---------------------------------------
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 Broker)
David Hart / Alex Brearley (Corporate
Finance) +44 (0) 20 3328 5656
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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