Exercise of employee share options

RNS Number : 5995M

CAP-XX Limited

01 May 2018

 

1 May 2018

CAP-XX Limited

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

Exercise of employee share options

CAP-XX Limited, a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, announces that certain of its employees have today exercised a total of 387,508 options to subscribe for new ordinary shares in the Company.

Pursuant to these exercises of options, CAP-XX has made an application for a total of 387,508 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 4 May 2018.

Following the issue of the New Shares, the Company will have a total of 298,599,573 ordinary shares in issue. Therefore the total number of ordinary shares with voting rights will be 298,599,573, 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.

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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