CAP-XX Limited Issue of Shares and Director/PDMR Shareholdings (1020L)
December 20 2018 - 3:43AM
UK Regulatory
TIDMCPX
RNS Number : 1020L
CAP-XX Limited
20 December 2018
20 December 2018
CAP-XX Limited
("CAP-XX" or the "Company")
Issue of Shares and Director/PDMR Shareholdings
Notification of transactions by persons discharging managerial
responsibilities
Consistent with the Company's previous announcements on 30
October 2014, 2 June 2015, 8 December 2015, 4 May 2016, 8 December
2016, 29 June 2017, 12 December 2017 and 22 June 2018 and in-line
with its ongoing strategy to preserve its cash resources, CAP-XX
announces that it has today issued 263,132 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 9.987 pence representing the daily volume
weighted average share price of the Company's ordinary shares on
AIM between 2 July 2018, being the date on which the directors'
salaries were due for payment and 14 December 2018.
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 9.987p shares now share capital
held now held
Patrick Elliot (Non-executive
director) 131,566 6,254,577 1.93%
--------------- ------------- ---------------
Bruce Grey (Non-executive
director) 131,566 4,426,395 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 31 December 2018. Following
Admission, the Company's issued share capital will consist of
324,015,841 ordinary shares of no par value. The above figure
(324,015,841) 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 Guidance 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 /Amendment Initial notification
-------------------------------- ---------------------------------------
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 financial Ordinary shares of no par value
instrument, type of instrument each in CAP-XX Limited
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)
9.987 pence 131,566 ordinary
per ordinary shares
share
-----------------
-------------------------------- ---------------------------------------
d) Aggregated information Single transaction as in 4 c) above.
- Aggregated volume 131,566 ordinary shares were issued
- Price at 9.987 pence per ordinary share
-------------------------------- ---------------------------------------
e) Date of the transaction 20 December 2018
-------------------------------- ---------------------------------------
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 /Amendment Initial notification
-------------------------------- ---------------------------------------
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 financial Ordinary shares of no par value
instrument, type of instrument each in CAP-XX Limited
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)
9.987 pence 131,566 ordinary
per ordinary shares
share
-----------------
-------------------------------- ---------------------------------------
d) Aggregated information Single transaction as in 4 c) above.
- Aggregated volume 131,566 ordinary shares were issued
- Price at 9.987 pence per ordinary share
-------------------------------- ---------------------------------------
e) Date of the transaction 20 December 2018
-------------------------------- ---------------------------------------
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 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 rns@lseg.com or visit www.rns.com.
END
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