Grant of Share Options

RNS Number : 0930P
CAP-XX Limited
14 October 2021
 

 

14 October 2021

CAP-XX Limited

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

Grant of Share Options

 

The Board of CAP-XX announces that a total of 34,665,000 options to subscribe for new ordinary shares (the "Options") 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 of 5.95p 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 1/48th from this date. Following today's grant, the Company will have a total of 49,440,000 stock options outstanding.

The table below provides details of the Options that were granted to persons discharging managerial responsibilities (PDMRs).  

Directors/PDMR

Total number of new Options granted

Total number of options now held following the grant

Patrick Elliott (Non-Executive Chairman)

2,300,000

3,900,000

Bruce Grey (Non-Executive Director)

2,300,000

3,900,000

Anthony Kongats (Chief Executive Officer)

7,000,000

11,800,000

Michael Taylor (Chief Financial Officer)

1,750,000

2,950,000

Pierre Mars (VP, Quality & Applications)

1,750,000

2,950,000

Alex Bilyk (VP, Research & Development)

3,000,000

4,200,000

Dallas Garratt (GM, Operations)

2,000,000

2,000,000

Song Hee Lau (GM - Sales & Marketing, APAC)

4,000,000

5,200,000

Jeff Colton - (EVP - USA)

4,000,000

4,000,000

Marco Ranalli (GM - Europe)

4,000,000

4,000,000

 

The grants of Options to PDMRs are notifiable pursuant to the EU Market Abuse Regulation which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018.  Notification and public disclosure of these transactions by PDMRs can be found below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Patrick Elliott

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 2,300,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

2,300,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

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 2,300,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

2,300,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

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 7,00 0,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

7,000,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

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 1,750,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

1,750,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

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 1,750,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

1,750,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

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 3,000,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

3,000,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

f)

Place of the transaction

Outside of trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dallas Garratt

2

Reason for the notification

a)

Position/status

General Manager, 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 2,000,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

2,000,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

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

General Manager - Sales & Marketing - APAC

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 4,000,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

4,000,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

f)

Place of the transaction

Outside of trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jeff Colton

2

Reason for the notification

a)

Position/status

Executive Vice President - USA

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 4,000,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

4,000,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

f)

Place of the transaction

Outside of trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Marco Ranalli

2

Reason for the notification

a)

Position/status

General Manager - 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 4,000,000 ordinary shares with an exercise price of 5.95p

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

5.95p exercise price

4,000,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

14 October 2021

f)

Place of the transaction

Outside of trading venue

 

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

 

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