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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 |
TIDMCPX
RNS Number : 2938X
CAP-XX Limited
05 May 2016
5 May 2016
CAP-XX Limited
("CAP-XX" or the "Company")
Issue of Shares
Consistent with the Company's previous announcements on 30 October 2014, 2 June 2015 and 8 December 2015 and in-line with its ongoing strategy to preserve its cash resources, CAP-XX announces that it has today issued 1,132,932 ordinary shares of no par value in the Company ("New Ordinary Shares"), in lieu of certain directors' salaries and a consultant's fee. The New Ordinary Shares have been issued at a price of 3.675p, representing the daily volume weighted average price between 1 January 2016, being the date on which the directors' salaries and consultant fees were due for payment and 28 April 2016.
The New Ordinary Shares being issued in lieu of director salaries have been allocated to the following directors of CAP-XX:
Director New Ordinary Total number % of enlarged Shares issued of ordinary ordinary at 3.675p shares now share capital held ------------------------------- --------------- ------------- --------------- Patrick Elliot (Non-executive director) 326,528 5,480,802 2.03% ------------------------------- --------------- ------------- --------------- Bruce Grey (Non-executive director) 326,528 3,652,620 1.35% ------------------------------- --------------- ------------- ---------------
Application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 10 May 2016. Following Admission, the Company's issued share capital will consist of 270,171,965 ordinary shares of no par value. The above figure (270,171,965) may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.
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 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEEAXSLESFKEFF
(END) Dow Jones Newswires
May 05, 2016 02:00 ET (06:00 GMT)
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