TIDMCPX
RNS Number : 9996H
CAP-XX Limited
12 April 2022
12 April 2022
CAP-XX Limited
("CAP-XX" or "the Company")
Appointment of Non-Executive Director
Grant of share options
CAP-XX Limited, a world leader in the design and manufacture of
thin, prismatic supercapacitors and energy management systems, is
pleased to announce the appointment, effective immediately, of
Steen Feldskov as a Non-Executive Director of the Company and
considered by the Board to be independent.
Mr Feldskov joins the CAP-XX board with nearly 40 years of
experience working in the electronics industry, with approximately
half of that time involved in the sale and marketing of electronic
components and the remainder in senior management roles for
electronics companies. He is currently the Country Manager for the
Danish office of Hamamatsu Photonics Deutschland GmbH, a subsidiary
of the Tokyo-listed Hamamatsu Photonics K. K. the Japanese
manufacturer of optical sensors, electric light sources, and other
optical devices.
Mr Feldskov received a Bachelor of Science degree in Electrical
Engineering from the University of Southern Denmark and a Bachelor
of Commerce degree in Marketing from the Copenhagen Business
School, Denmark. Steen is also a Member of the Danish Management
Society.
Pat Elliott, Chairman of CAP-XX, said:
"CAP-XX welcomes Steen Feldskov as a Non-Executive Director.
Steen brings extensive and very relevant experience to the CAP-XX
Board which will prove invaluable as we further exploit the
opportunities in numerous applications for the CAP-XX
supercapacitor technologies, especially IoT.
"The Board and management of CAP-XX are looking forward to
working with Steen as a member of the CAP-XX team".
Regulatory disclosures
In accordance with Schedule 2(g) of the AIM Rules, Steen
Feldskov (aged 64) holds, or has held in the past five years, the
following directorships and partnerships:
Current directorships/partnerships Past directorships/partnerships
Alfr. Andersson Og o. Sorensens Coachr Holding ApS (Denmark)
Eftf. A/S (Denmark)
Andersson & Sorensen Holding Coachr ApS (Denmark)
A/S (Denmark)
Fineman A/S (Denmark)
Steen Feldskov does not currently hold any ordinary shares in
the Company.
Grant of share options and other matters
Upon Mr Feldskov 's appointment as a Non-Executive Director, he
has today been granted a total of 2,300,000 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 5.60p 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
monthly amounts of 1/48(th) from this date. Following today's
grant, the Company will have a total of 51,740,000 share options
outstanding.
The FCA notification, made in accordance with the requirements
of the UK Market Abuse Regulation is appended below.
Under the terms of Mr Feldskov's letter of appointment, he may
elect to be issued with new ordinary shares in the Company, in lieu
of some or all of his director's fees. Pursuant to this
arrangement, any such new ordinary shares issued to Mr Feldskov
would be issued at a price based on the daily volume weighted
average share price of the Company's ordinary shares on AIM over
the period from when the relevant director's fees were to be due
for payment and a date preceding the issue of such ordinary shares,
via a similar process to that which periodically occurs in respect
of the issue of new ordinary shares to certain of CAP-XX's other
directors.
For further information contact:
CAP-XX Limited
Anthony Kongats (CEO) +61 (0) 2 9428 0139
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 Steen Feldskov (Non-Executive Director)
------------------------------- ----------------------------------------
2. Reason for the Notification
-------------------------------------------------------------------------
a) Position/status See 1a) 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 Ordinary shares of no par value
of the Financial each
instrument,
type of instrument
Identification Identification code (ISIN) for
code CAP-XX Limited ordinary shares:
AU0000XINAS1
------------------------------- ----------------------------------------
b) Nature of the Grant of new share options over
transaction 2,300,000 ordinary shares with
an exercise price of 5.60p
------------------------------- ----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Exercise price 2,300,000
of 5.60p share options
---------------
------------------------------- ----------------------------------------
d) Aggregated information: N/A
-Aggregated
volume
-Price
------------------------------- ----------------------------------------
e) Date of the 12 April 2022
transaction
------------------------------- ----------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------- ----------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAFLFLVSSILLIF
(END) Dow Jones Newswires
April 12, 2022 02:01 ET (06:01 GMT)
Cap-xx (LSE:CPX)
Historical Stock Chart
From Apr 2024 to May 2024
Cap-xx (LSE:CPX)
Historical Stock Chart
From May 2023 to May 2024