CAP-XX Limited Result of AGM and Chairman's AGM statement (8857H)
20 November 2018 - 7:29PM
UK Regulatory
TIDMCPX
RNS Number : 8857H
CAP-XX Limited
20 November 2018
20 November 2018
CAP-XX Limited
("CAP-XX" or "the Company")
Result of AGM and Chairman's AGM statement
The Board of CAP-XX announces that all resolutions put to
shareholders at the Company's Annual General Meeting held earlier
today were duly passed.
CAP-XX's Chairman, Pat Elliott, also made the following
statement in relation to the Company's activities:
"I am pleased to be able to tell you that we currently have
record levels of enquiries for our extended range of
supercapacitors. Furthermore, these enquiries are from a broad base
of end user customer segments, embracing automotive, industrial and
smart meters, as well as consumer applications for the IoT. We are
also pleased to be able to report that enquiries are being received
for our new 3 V technology, with the first customer deliveries
expected in mid-calendar year 2019.
I would also like to extend our thanks to our institutional
shareholders for their support in the recent fundraising, the
proceeds of which have now been received, together with receipt of
our Australian R&D tax credit.
The Company together with its growing portfolio of, well
resourced, licensees now represents a significant force in the
global market for supercapacitors and together we are leading the
drive for the wider adoption of supercapacitors as a mainstream
energy storage technology for portable and independent devices.
Your Board looks forward to the coming year with increased
confidence."
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
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
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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