CAP-XX Limited Exercise of share options & PDMR shareholding (0527S)

TIDMCPX

RNS Number : 0527S

CAP-XX Limited

21 June 2018

21 June 2018

CAP-XX Limited

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

Exercise of employee share options

Notification of transactions by persons discharging managerial responsibilities

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 1,042,196 options to subscribe for new ordinary shares in the Company. Included within this number are options exercised by Mr Song Hee Lau, CAP-XX's Sales Manager for Asia Pacific, who is considered to be a person discharging managerial responsibilities. Mr Lau has exercised options to subscribe for a total of 906,250 new ordinary shares at an exercise price of 5 pence per ordinary share.

Pursuant to these exercises of options, CAP-XX has made an application for a total of 1,042,196 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 27 June 2018.

Following the issue of the New Shares, the Company will have a total of 299,641,769 ordinary shares in issue. Therefore, the total number of ordinary shares with voting rights will be 299,641,769 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.

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

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                   Mr Song Hee Lau 
     ---------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status        Sales Manager for Asia Pacific 
     ---------------------  ------------------------------------------------- 
 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            Ordinary shares of no par value each in CAP-XX 
       of the financial       Limited 
       instrument, 
       type of instrument 
       Identification         Identification code (ISIN) for CAP-XX Limited 
       code                   ordinary shares: AU0000XINAS1 
     ---------------------  ------------------------------------------------- 
 b)   Nature of              Exercise of options 
       the transaction 
     ---------------------  ------------------------------------------------- 
 c)   Price(s)               No. of options  Exercise price 
       and volume(s)             exercised 
                                 906,250         5 pence 
     ---------------------  ------------------------------------------------- 
 d)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------- 
 e)   Date of the            21 June 2018 
       transaction 
     ---------------------  ------------------------------------------------- 
 f)   Place of               Outside of trading venue - issue of new ordinary 
       the transaction        shares 
     ---------------------  ------------------------------------------------- 
 

**ENDS**

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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June 21, 2018 02:00 ET (06:00 GMT)