Exercise of employee share options

RNS Number : 2079I

CAP-XX Limited

10 December 2020

 

10 December 2020

CAP-XX Limited

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

Exercise of employee share options

Notification of transactions by persons discharging managerial responsibilities

CAP-XX Limited, a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, announces that certain of its directors and employees have today exercised a total of 14,688,272 options to subscribe for new ordinary shares in the Company.  Included within this number are options exercised by Mr Patrick Elliott, Non Executive Chairman, Mr Bruce Grey, Non Executive Director, Mr Anthony Kongats, Chief Executive Officer, Pierre Mars, Vice President of Quality and Applications, Mr Mike Taylor, Chief Financial Officer, Dr Alex Bilyk, Vice President of Research & Development and Mr Song Hee Lau, Sales Manager Asia Pacific, who are considered to be persons discharging managerial responsibilities (PDMRs).  The list of PDMRs who have exercised options to subscribe for new ordinary shares, all of which had an exercise price of 5 pence per ordinary share, are as follows :-

Mr Patrick Elliott    2,000,000

Mr Bruce Grey  2,000,000

Mr Anthony Kongats  6,000,000

Mr Pierre Mars    750,000

Mr Mike Taylor    500,000

Mr Alex Bilyk  1,500,000

Mr Song Hee Lau    593,750

Total    13,343,750

Pursuant to these exercises of options, CAP-XX has made an application for a total of 14,688,272 new ordinary shares in the Company (the "New Shares") to be admitted to trading on AIM. Trading in the New Shares is expected be become effective on 15 December 2020.

Following the issue of the New Shares, the Company will have a total of 456,804,083 ordinary shares in issue. Therefore, the total number of ordinary shares with voting rights will be 456,804,803 which may be used by shareholders in the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

The FCA notifications, made in accordance with the requirements of the EU Market Abuse Regulation are appended below.

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	Mr Patrick Elliott
2	Reason for the notification
a)	Position/status	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 instrument, type of instrument Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 2,000,000 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December 2020
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	Mr Bruce Grey
2	Reason for the notification
a)	Position/status	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 instrument, type of instrument Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 2,000,000 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December 2020
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	Mr Anthony Kongats
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 6,000,000 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December 2020
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	Mr Mike Taylor
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 500,000 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December  2020
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	Mr Pierre Mars
2	Reason for the notification
a)	Position/status	Vice President, Quality & Applications
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 Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 750,000 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December 2020
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	Dr Alex Bilyk
2	Reason for the notification
a)	Position/status	Vice President - Research & Development
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 Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 1,500,000 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December 2020
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	Mr Song Hee Lau
2	Reason for the notification
a)	Position/status	Sales Manager - Asia Pacific
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 Identification code	Ordinary shares of no par value each in CAP-XX Limited Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	No. of options exercised Exercise price 593,750 5 pence
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 December 2020
f)	Place of the transaction	Outside of trading venue - issue of new ordinary shares

**ENDS**

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 (Corporate Finance)  [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 large supercapacitor based modules used 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

 

END

 

 

DSHGPGUUPUPUURU