Issue of Shares and Director/PDMR Shareholdings

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 Shares issued at 4.932p	Total number of ordinary shares now held	% of enlarged ordinary share 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 /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	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 financial instrument, type of instrument Identification code	Ordinary shares of no par value each in CAP-XX Limited   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 pence per ordinary share 266,434 ordinary shares
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 c) above.  266,434 ordinary 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 /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	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 financial instrument, type of instrument Identification code	Ordinary shares of no par value each in CAP-XX Limited   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 pence per ordinary share 266,434 ordinary shares
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 c) above.  266,434 ordinary 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