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CPX Cap-xx Limited

0.085
-0.0075 (-8.11%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cap-xx Limited LSE:CPX London Ordinary Share AU0000XINAS1 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0075 -8.11% 0.085 0.085 0.086 0.095 0.0855 0.0925 396,386,385 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Capacitors 3.63M -5.56M -0.0077 -0.12 648.17k

CAP-XX Limited Extension of option term and Director/PDMR dealing (2209G)

25/05/2017 8:51am

UK Regulatory


Cap-xx (LSE:CPX)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Cap-xx Charts.

TIDMCPX

RNS Number : 2209G

CAP-XX Limited

25 May 2017

25 May 2017

CAP-XX Limited

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

Extension of option term and Director/PDMR dealing

The Board of CAP-XX announces an extension to the expiry date for a grant of existing options under the CAP-XX Limited Share Option Plan ("CAP-XX Share Option Plan").

The Company currently has 25,325,000 options granted pursuant to the CAP-XX Option Plan. 3,080,000 of these options were granted on 9 October 2013 (the "2013 Options"), had an exercise price of 8.5 pence and an original expiry date of 9 October 2017 and have not subsequently been cancelled. One quarter of the 2013 Options vested 12 months following the date of grant, with the remainder vesting 1/48 each month following the date of grant. 320,833 2013 Options have been granted but have not yet vested as at the date of this announcement. The expiry date of the 2013 Options will now be 9 April 2018. All other terms relating to the 2013 Options remain unchanged. The principal reason for the extension is to allow option holders the ability to exercise the 2013 Options outside of predetermined closed periods due to CAP-XX's financial reporting timetable.

The 2013 Options were issued to the employees and senior management of CAP-XX. The table below summarises the 2013 Options granted to persons discharging managerial responsibilities (PDMR) (or persons closely associated with them).

 
 Directors/PDMR                      Total number     Total number 
                                    of 2013 Options      of 2013 
                                        granted          Options 
                                                        vested as 
                                                        at 25 May 
                                                          2017 
---------------------------------  ----------------  ------------- 
 Patrick Elliot (Non-executive 
  Chairman)                            300,000          268,750 
---------------------------------  ----------------  ------------- 
 Bruce Grey (Non-executive 
  director)                            300,000          268,750 
---------------------------------  ----------------  ------------- 
 Anthony Kongats (Chief 
  Executive Officer)                   600,000          537,500 
---------------------------------  ----------------  ------------- 
 Michael Taylor (Chief Financial 
  Officer)                             400,000          358,333 
---------------------------------  ----------------  ------------- 
 Pierre Mars (VP, Quality 
  & Applications)                      400,000          358,333 
---------------------------------  ----------------  ------------- 
 

The change to the expiry date of the 2013 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        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------ 
 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          Ordinary shares of no par 
       financial instrument,       value each in CAP-XX Limited 
       type of instrument 
       Identification code         Identification code (ISIN) 
                                   for CAP-XX Limited ordinary 
                                   shares: AU0000XINAS1 
---  --------------------------  ------------------------------ 
 b)   Nature of the transaction   Extension to expiry date 
                                   for grant of options over 
                                   300,000 ordinary shares 
                                   with an exercise price of 
                                   8.5p 
---  --------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    8.5p exercise 
                                     price           300,000 
                                   ---------------  ---------- 
---  --------------------------  ------------------------------ 
 d)   Aggregated information      N/A - single transaction 
       - Aggregated volume 
       - Price 
---  --------------------------  ------------------------------ 
 e)   Date of the transaction     25 May 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        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------ 
 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          Ordinary shares of no par 
       financial instrument,       value each in CAP-XX Limited 
       type of instrument 
       Identification code         Identification code (ISIN) 
                                   for CAP-XX Limited ordinary 
                                   shares: AU0000XINAS1 
---  --------------------------  ------------------------------ 
 b)   Nature of the transaction   Extension to expiry date 
                                   for grant of options over 
                                   300,000 ordinary shares 
                                   with an exercise price of 
                                   8.5p 
---  --------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    8.5p exercise 
                                     price           300,000 
                                   ---------------  ---------- 
---  --------------------------  ------------------------------ 
 d)   Aggregated information      N/A - single transaction 
       - Aggregated volume 
       - Price 
---  --------------------------  ------------------------------ 
 e)   Date of the transaction     25 May 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        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------ 
 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          Ordinary shares of no par 
       financial instrument,       value each in CAP-XX Limited 
       type of instrument 
       Identification code         Identification code (ISIN) 
                                   for CAP-XX Limited ordinary 
                                   shares: AU0000XINAS1 
---  --------------------------  ------------------------------ 
 b)   Nature of the transaction   Extension to expiry date 
                                   for grant of options over 
                                   600,000 ordinary shares 
                                   with an exercise price of 
                                   8.5p 
---  --------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    8.5p exercise 
                                     price           600,000 
                                   ---------------  ---------- 
---  --------------------------  ------------------------------ 
 d)   Aggregated information      N/A - single transaction 
       - Aggregated volume 
       - Price 
---  --------------------------  ------------------------------ 
 e)   Date of the transaction     25 May 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        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------ 
 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          Ordinary shares of no par 
       financial instrument,       value each in CAP-XX Limited 
       type of instrument 
       Identification code         Identification code (ISIN) 
                                   for CAP-XX Limited ordinary 
                                   shares: AU0000XINAS1 
---  --------------------------  ------------------------------ 
 b)   Nature of the transaction   Extension to expiry date 
                                   for grant of options over 
                                   400,000 ordinary shares 
                                   with an exercise price of 
                                   8.5p 
---  --------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    8.5p exercise 
                                     price           400,000 
                                   ---------------  ---------- 
---  --------------------------  ------------------------------ 
 d)   Aggregated information      N/A - single transaction 
       - Aggregated volume 
       - Price 
---  --------------------------  ------------------------------ 
 e)   Date of the transaction     25 May 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        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------ 
 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          Ordinary shares of no par 
       financial instrument,       value each in CAP-XX Limited 
       type of instrument 
       Identification code         Identification code (ISIN) 
                                   for CAP-XX Limited ordinary 
                                   shares: AU0000XINAS1 
---  --------------------------  ------------------------------ 
 b)   Nature of the transaction   Extension to expiry date 
                                   for grant of options over 
                                   400,000 ordinary shares 
                                   with an exercise price of 
                                   8.5p 
---  --------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    8.5p exercise 
                                     price           400,000 
                                   ---------------  ---------- 
---  --------------------------  ------------------------------ 
 d)   Aggregated information      N/A - single transaction 
       - Aggregated volume 
       - Price 
---  --------------------------  ------------------------------ 
 e)   Date of the transaction     25 May 2017 
---  --------------------------  ------------------------------ 
 f)   Place of the transaction    Outside of trading venue 
---  --------------------------  ------------------------------ 
 

For further information contact:

CAP-XX Limited

   Anthony Kongats (Chief Executive Officer)                             +61 (0) 2 9428 0139 

Kreab (Financial PR)

Robert Speed +44 (0) 20 7074 1800

Allenby Capital (Nominated Adviser and Broker)

   David Hart / Alex Brearley (Corporate Finance)                       +44 (0) 20 3328 5656 

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLIFEDEIIEFID

(END) Dow Jones Newswires

May 25, 2017 03:51 ET (07:51 GMT)

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