Grant of Share Options

RNS Number : 6487Z

CAP-XX Limited

18 December 2017

 

18 December 2017

CAP-XX Limited

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

Grant of Share Options

The Board of CAP-XX announces that a total of 17,995,000 options to subscribe for new ordinary shares have today been granted to Directors and various employees of CAP-XX.

The options have been granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price 11.25p per share, being the closing mid-market price on 11 December 2017. The share options have a life of five years, with 25% of the options vesting 12 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 42,865,000 stock options outstanding.

The table below provides details of the options that were granted to persons discharging managerial responsibilities (PDMR) (or persons closely associated with them).  

Directors/PDMR	Total number of new Options granted	Total number of options now held following the grant
Patrick Elliot (Non-Executive Chairman)	1,600,000	3,900,000
Bruce Grey (Non-Executive Director)	1,600,000	3,900,000
Anthony Kongats (Chief Executive Officer)	4,800,000	11,400,000
Michael Taylor (Chief Financial Officer)	1,200,000	3,250,000
Pierre Mars (VP, Quality & Applications)	1,200,000	3,100,000
Alex Bilyk (VP, Research & Development)	1,200,000	2,700,000
Mark Hulme (VP, Operations)	1,200,000	2,700,000
Song Hee Lau (Sales Manager, Asia Pacific)	1,200,000	2,700,000
Dan Trujic (Sales Manager - Americas and Europe)	1,200,000	2,700,000

The grant of the December 2017 Options is notifiable pursuant to the EU Market Abuse Regulation.  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 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	Grant of new options over 1,600,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,600,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 November 2017
f)	Place of the transaction	Outside of trading venue

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
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	Grant of new options over 1,600,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,600,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anthony Kongats
2	Reason for the notification
a)	Position/status	Director - 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	Grant of new options over 4,800,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 4,800,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael 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	Grant of new options over 1,200,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,200,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Pierre Mars
2	Reason for the notification
a)	Position/status	Vice President, Applications & Quality
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	Grant of new options over 1,200,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,200,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	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	Grant of new options over 1,200,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,200,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Hulme
2	Reason for the notification
a)	Position/status	Vice President, Operations
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	Grant of new options over 1,200,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,200,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	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	Grant of new options over 1,200,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,200,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dan Trujic
2	Reason for the notification
a)	Position/status	Sales Manager - Americas and Europe
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	Grant of new options over 1,200,000 ordinary shares with an exercise price of 11.25p
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.25p exercise price 1,200,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	Outside of trading venue

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

 

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