CAP-XX Limited Issue of Shares and Director/PDMR Shareholdings (2870R)
08 December 2016 - 6:00PM
UK Regulatory
TIDMCPX
RNS Number : 2870R
CAP-XX Limited
08 December 2016
8 December 2016
CAP-XX Limited
("CAP-XX" or the "Company")
Issue of Shares and Director/PDMR Shareholdings
Consistent with the Company's previous announcements on 30
October 2014, 2 June 2015, 8 December 2015 and 4 May 2016 and
in-line with its ongoing strategy to preserve its cash resources,
CAP-XX announces that it has today issued 532,868 ordinary shares
of no par value in the Company ("New Ordinary Shares"), in lieu of
certain directors' salaries. The New Ordinary Shares have been
issued at a price of 4.932p representing the daily volume weighted
average share price of the Company's ordinary shares on AIM between
1 July 2016, being the date on which the directors' salaries were
due for payment and 7 December 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 4.932p shares now share
held capital
------------------------------- --------------- ------------- --------------
Patrick Elliot (Non-executive
director) 266,434 5,747,236 2.12%
------------------------------- --------------- ------------- --------------
Bruce Grey (Non-executive
director) 266,434 3,919,054 1.45%
------------------------------- --------------- ------------- --------------
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 13 December 2016. Following
Admission, the Company's issued share capital will consist of
270,704,833 ordinary shares of no par value. The above figure
(270,704,833) 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.
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 Not available
--- -------------------------- ------------------------------
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 Shares issued in lieu of
salary
--- -------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------- ----------
4.932 266,434
pence ordinary
per ordinary shares
share
-------------- ----------
--- -------------------------- ------------------------------
d) Aggregated information Single transaction as in
- Aggregated volume 4 c) above. 266,434 ordinary
- Price shares were issued at 4.932
pence per ordinary share
--- -------------------------- ------------------------------
e) Date of the transaction 8 December 2016
--- -------------------------- ------------------------------
f) Place of the transaction Outside of trading venue
- issue of new ordinary
shares
--- -------------------------- ------------------------------
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
Director
--- -------------------------- ------------------------------
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 Not available
--- -------------------------- ------------------------------
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 Shares issued in lieu of
salary
--- -------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------- ----------
4.932 266,434
pence ordinary
per ordinary shares
share
-------------- ----------
--- -------------------------- ------------------------------
d) Aggregated information Single transaction as in
- Aggregated volume 4 c) above. 266,434 ordinary
- Price shares were issued at 4.932
pence per ordinary share
--- -------------------------- ------------------------------
e) Date of the transaction 8 December 2016
--- -------------------------- ------------------------------
f) Place of the transaction Outside of trading venue
- issue of new ordinary
shares
--- -------------------------- ------------------------------
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
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