CAP-XX Limited Issue of Shares and Director/PDMR Shareholdings (5515J)
29 June 2017 - 5:22PM
UK Regulatory
TIDMCPX
RNS Number : 5515J
CAP-XX Limited
29 June 2017
29 June 2017
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, 4 May 2016 and 8
December 2016 and in-line with its ongoing strategy to preserve its
cash resources, CAP-XX announces that it has today issued 301,222
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 8.724p representing the daily
volume weighted average share price of the Company's ordinary
shares on AIM between 1 January 2017, being the date on which the
directors' salaries were due for payment and 26 June 2017.
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 8.724p shares now share
held capital
------------------------------- --------------- ------------- --------------
Patrick Elliot (Non-executive
director) 150,611 5,897,847 1.98%
------------------------------- --------------- ------------- --------------
Bruce Grey (Non-executive
director) 150,611 4,069,665 1.37%
------------------------------- --------------- ------------- --------------
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 7 July 2017. Following Admission,
the Company's issued share capital will consist of 298,006,055
ordinary shares of no par value. The above figure (298,006,055) 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 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 Shares issued in lieu of
salary
--- -------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------- ----------
8.724 150,611
pence ordinary
per ordinary shares
share
-------------- ----------
--- -------------------------- ------------------------------
d) Aggregated information Single transaction as in
- Aggregated volume 4 c) above. 150,611 ordinary
- Price shares were issued at 8.724
pence per ordinary share
--- -------------------------- ------------------------------
e) Date of the transaction 28 June 2017
--- -------------------------- ------------------------------
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 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 Shares issued in lieu of
salary
--- -------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------- ----------
8.724 150,611
pence ordinary
per ordinary shares
share
-------------- ----------
--- -------------------------- ------------------------------
d) Aggregated information Single transaction as in
- Aggregated volume 4 c) above. 150,611 ordinary
- Price shares were issued at 8.724
pence per ordinary share
--- -------------------------- ------------------------------
e) Date of the transaction 28 June 2017
--- -------------------------- ------------------------------
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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