Change of Auditor

RNS Number : 9242Q

CAP-XX Limited

24 June 2020

 

24 June 2020

 

 

CAP-XX Limited

("CAP-XX" or the "Company")

Change of Auditor

CAP-XX Limited, a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, announces that i n accordance with the Australian Securities and Investment Commission ("ASIC") Regulatory Guide 26, BDO Audit Pty Ltd ("BDO Audit") has been appointed as the Company's auditor.  The appointment follows the resignation of BDO East Coast Partnership ("BDO ECP"), and ASIC's consent to the resignation in accordance with s329(5) of the Australian Corporations Act 2001 ("the Act").

The change of auditor arose because of BDO ECP restructuring its audit practice whereby audits will be conducted by BDO Audit, rather than BDO ECP.

In accordance with section 327C of the Act, a resolution will be proposed at CAP-XX's 2020 Annual General Meeting to confirm the appointment of BDO Audit as the Company's auditor.

For further information contact:

CAP-XX Limited

Anthony Kongats (Chief Executive Officer)                             [phone]

Kreab (Financial PR)

Robert Speed  [phone]

Allenby Capital (Nominated Adviser and Broker)

David Hart / Alex Brearley                                                        [phone]

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

 

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