CAP-XX Limited

Declaration of Voting Results & Voting Rights Announcements • Dec 8, 2015

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RNS Number : 3452I

CAP-XX Limited

08 December 2015

8 December 2015

CAP-XX Limited

("CAP-XX" or "the Company")

Issue of Shares and Granting of Share Options

Further to the Company's previous announcements on 30 October 2014 and 2 June 2015 and in-line with its strategy to preserve its cash resources, CAP-XX announces that it has today issued 385,356 ordinary shares of no par value ("New Ordinary Shares") in the Company, in lieu of certain directors' salaries. The New Ordinary Shares have been issued at a price of 6.228p, representing the daily volume weighted average price between 1 July 2015, the date on which the directors' salaries were due for payment and 3 December 2015.

The New Ordinary Shares being issued have been allocated to the following directors of CAP-XX:

Director	New Ordinary Shares issued at 6.228p	Total number of ordinary shares now held	% of enlarged ordinary share capital
Patrick Elliot (Non-executive director)	192,678	5,154,274	1.92%
Bruce Grey (Non-executive director)	192,678	3,326,092	1.24%

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 15 December 2015. Following Admission, the Company's issued share capital will consist of 269,039,033 ordinary shares of no par value. The above figure (269,039,033) 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.

Additionally, the Board of the Company announces that the following share options to subscribe for New Ordinary Shares have today been granted to the following Directors:

Director	Number of new options granted	Total number of options now held following the grant
Patrick Elliott	2,000,000	2,385,000
Bruce Grey	2,000,000	2,300,000
Anthony Kongats	6,000,000	7,250,000

The above options have been granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price of 5.0p per share, being the closing mid-market price on 3 December 2015.

In addition to the share options being granted to Directors, a further 10,000,000 share options have been granted on the same terms to various employees of CAP-XX.

The share options have a life of five years, with 25% of the options vesting 12 months after the anniversary of the grant date, with the remainder vesting in equal monthly amounts of 1/48th from this date.

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

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