CAP-XX Limited Exercise of share options & PDMR shareholding (8601E)

TIDMCPX

RNS Number : 8601E

CAP-XX Limited

23 October 2018

23 October 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 2,340,886 options to subscribe for new ordinary shares in the Company. Included within this number are options exercised by Mr Pierre Mars, Vice President of Quality and Applications and Mr Mike Taylor, Chief Financial Officer, who are considered to be persons discharging managerial responsibilities. Mr Mars and Mr Taylor have exercised options to subscribe for a total of 750,000 and 1,000,000 new ordinary shares respectively, all of which had 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 2,340,886 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 26 October 2018.

Following the issue of the New Shares, the Company will have a total of 303,164,473 ordinary shares in issue. Therefore, the total number of ordinary shares with voting rights will be 303,164,473 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 notifications, made in accordance with the requirements of the EU Market Abuse Regulation are 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 Pierre Mars 
     ---------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status        Vice President, Quality & Applications 
     ---------------------  ------------------------------------------------- 
 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 
                                 750,000         5 pence 
     ---------------------  ------------------------------------------------- 
 d)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------- 
 e)   Date of the            23 October 2018 
       transaction 
     ---------------------  ------------------------------------------------- 
 f)   Place of               Outside of trading venue - issue of new ordinary 
       the transaction        shares 
     ---------------------  ------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Mr Mike 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            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 
                                1,000,000        5 pence 
     ---------------------  ------------------------------------------------- 
 d)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------- 
 e)   Date of the            23 October 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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October 23, 2018 02:00 ET (06:00 GMT)