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Pin to quick picksCap-xx Share News (CPX)

Share Price Information for Cap-xx (CPX)

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Share Price: 0.0825
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Change: 0.005 (6.45%)
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AIM WINNERS & LOSERS: CAP-XX patents ruled invalid in US litigation

Mon, 18th Dec 2023 11:13

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Eden Research PLC, up 21% at 4.95 pence, 12-month range 3p-12.16p. The company focused on sustainable biopesticides and plastic-free formulation technology, alongside Corteva Agriscience, announces a temporary regulatory approval in Italy for Ecovelex. The product is approved for use as a bird repellent seed treatment in corn for the 2024 growing season. Adds it has submitted regulatory dossier and application to Austria, which will act as "interzonal rapporteur member state" for the EU. The review and authorisation can take between 18 and 24 months.

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AIM - LOSERS

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CAP-XX Ltd, down 56% at 0.75p, 12-month range 0.55p-4.7p. The Sydney-based supercapacitor and energy management system manufacturer provides an update on its patent infringement action against Maxwell Technologies Inc, now a subsidiary of US electric vehicle maker Tesla Inc. Says US District Court of Delaware affirms CAP-XX patents were invalid, and therefore Maxwell has not infringed them, and is therefore not liable to pay damages nor license fees. "Whilst CAP-XX is disappointed with this decision, it is in discussions with its attorneys to agree the appropriate next steps," the firm says.

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RBG Holdings PLC, down 32% at 11.15p, 12-month range 10p-71.97p. The legal and professional services firm warns the expected improvement in trading in its Legal Services division has not materialised over the second half, with trading broadly in line with the first. In particular, Memery Crystal has been hit by the lack of activity in commercial real estate and equity capital markets, as transactions forecast for the fourth quarter have been delayed or cancelled. Now expects annual revenue in 2023 to be below market expectations at around GBP41.9 million, falling year-on-year from GBP49.8 million. Adjusted earnings before interest, tax, depreciation and amortisation are expected to drop sharply to around GBP4.0 million from GBP15.8 million. "The board recognises that 2023 has been a year of significant transition and a disappointing one for shareholders. Nonetheless, the board is confident that the business is moving into 2024 on a significantly stronger footing than at the start of this year," says Non-Executive Chair Marianne Ismail. Even so, Ismail guides for revenue and profit to be only "slightly higher" in 2024.

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By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 May 2024 12:33

IN BRIEF: Cap-XX shares up as trading remains in line with forecasts

Cap-XX Ltd - Manufacturer of supercapacitors for portable electronic devices- Says trading for existing products remains strong and in line with management forecasts after recently completing fundraise. Chief Executive Officer Lars Stegmann comments: "We look forward to the next exciting phase for the company, as we prepare for our new product launches, supported by a strengthening sales and distribution team. We believe this has the potential to transform the commercial success of CAP-XX."

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7 May 2024 10:53

AIM WINNERS & LOSERS: Totally calls profit rise; Bushveld agrees sale

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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8 Apr 2024 15:14

CAP-XX settles litigation against Kyocera AVX in New South Wales court

(Alliance News) - CAP-XX Ltd on Monday said it had settled a patent licence case with Kyocera AVX in an Australian supreme court, allowing it to "focus fully" on its core business activities.

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1 Apr 2024 14:47

India puts on hold proposed hike in road toll charges as elections approach

NEW DELHI, April 1 (Reuters) - India on Monday put on hold a proposed hike in road toll charges, in a move that will be welcomed by millions of motorists, truckers and commercial vehicle owners just ahead of a general election.

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27 Mar 2024 15:52

Cap-XX shares suspended due to settlement "deterioration"

(Alliance News) - Cap-XX Ltd shares on Wednesday were suspended from trading in London.

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25 Mar 2024 20:08

Cap-XX raises GBP2.2 million via placing, subscription, retail offer

(Alliance News) - Cap-XX Ltd on Monday said it has raised GBP2.2 million through a placing, subscription and retail offer of shares.

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22 Mar 2024 11:24

Cap-XX raises GBP2.0 million via new shares placing and subscription

(Alliance News) - Cap-XX Ltd on Friday said it has raised GBP2.0 million via a placing and subscription of new shares, while a retail offer remains open until 1500 GMT.

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22 Mar 2024 10:17

AIM WINNERS & LOSERS: Trakm8 falls on profit warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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21 Mar 2024 20:03

TRADING UPDATES: CAP-XX raises funds; Shanta Gold dividend

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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21 Mar 2024 12:19

LONDON MARKET MIDDAY: Stocks boosted as BoE keeps rates unchanged

(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England left interest rates unchanged, in a vote which remained split.

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21 Mar 2024 11:09

Cap-XX shares soar after settlement with Tesla in patent litigation

(Alliance News) - Cap-XX Ltd on Thursday said it has signed a settlement agreement with Tesla Inc, ending its patent infringement litigation Maxwell Technologies Inc.

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21 Mar 2024 10:43

AIM WINNERS & LOSERS: Cap-XX surges as settles agreement with Tesla

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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14 Mar 2024 17:25

EARNINGS AND TRADING: Versarien inks agreement for Brazilian JV

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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13 Mar 2024 17:05

REPEAT: LONDON MARKET CLOSE: FTSE 100 in green as UK economy rebounds

(Correcting error in article lede.)

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13 Mar 2024 16:54

LONDON MARKET CLOSE: FTSE 100 in green as UK economy rebounds

(Alliance News) - can you change lede to: European stocks closed mostly higher on Wednesday, with the FTSE 100 driven higher by hopes that the UK recession is already over.

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