Grant of share options

CAP-XX Limited

12 May 2023

 

12 May 2023

CAP-XX Limited

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

Grant of share options

CAP-XX Limited (AIM: CPX), a global leader in prismatic, high-power supercapacitors, announces that, following Mr Stegmann's appointment as the Chief Executive Officer, he has been granted a total of 20,000,000 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 1.31p 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 quarterly amounts from this date. Following today's grant, the Company will have a total of 55,790,000 share options outstanding.

The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation is appended below.

For further information contact:

CAP-XX Limited Pat Elliott (Chairman)	[phone]
Kreab (Financial PR) Robert Speed	[phone]
Allenby Capital (Nominated Adviser and Joint Broker) David Hart / Alex Brearley (Corporate Finance) Tony Quirke (Sales and Corporate Broking)	[phone]
Cenkos Securities plc (Joint Broker) Neil McDonald / Pete Lynch	[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

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	Lars Stegmann (Chief Executive Officer)
2.	Reason for the Notification
a)	Position/status	See 1 (a) 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 of the Financial instrument, type of instrument	Ordinary shares of no par value each
	Identification code	Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1
b)	Nature of the transaction	Grant of new share options over 20,000,000 ordinary shares with an exercise price of 1.31p
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price of 1.31p 20,000,000 share options
d)	Aggregated information: -Aggregated volume -Price	N/A
e)	Date of the transaction	11 May 2023
f)	Place of the transaction	Outside a trading venue

 

END