Tax Rebate

RNS Number : 7993N

CAP-XX Limited

31 October 2016

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

31 October 2016

CAP-XX Limited

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

Tax Rebate

Further to the Company's announcement of 4 October 2016, the Board of CAP-XX is pleased to announce that it has received an Australian Government R&D tax rebate of A$1.537m.  The Company intends to use part of the proceeds from the tax rebate to repay its A$1m line of credit facility in full.

For further information contact:

CAP-XX Limited
Anthony Kongats (Chief Executive Officer)	[phone]
Allenby Capital Limited (Joint Broker)
David Hart/Alex Brearley (Corporate Finance)	[phone]
Kreab
Robert Speed (Financial PR)	[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 a range of applications including portable and small-scale electronic devices; 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

 

 

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