Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCap-xx Share News (CPX)

Share Price Information for Cap-xx (CPX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.081
Bid: 0.079
Ask: 0.083
Change: 0.00 (0.00%)
Spread: 0.004 (5.063%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.081
CPX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.

----------

AIM - WINNERS

----------

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.

----------

AIM - LOSERS

----------

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.

----------

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.

----------

By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
11 Jan 2012 15:35

Sector movers: SSE falls as EDF cuts gas prices

UK-listed electricity stocks were providing a drag today, after French utilities giant Electricite de France announced that it would reduce gas bills from its UK arm. Gas and electricity giant SSE, the nation's second-largest energy supplier, was among the worst performers of the day on the FTSE 10

Read more
11 Nov 2011 16:33

Sector movers: Spectris sparks electrical stocks

A near-9% jump in the share price of Spectris has boosted the electronic and electrical equipment sector today, with constituents making an average gain of 4.34%. Spectris, the precision instrumentation and controls company, saw like-for-like revenue growth across all four of its sectors during the

Read more
20 Oct 2011 11:43

CAP-XX soars as supercapacitor is launched

The Japanese firm Murata has launched its supercapacitor product manufactured under a licence agreement with CAP-XXthe electrical component company. Among other uses the supercapacitor will be used to provide power for LED flashes in mobile phones, digital cameras and camcorders. Anthony Kongats,

Read more
25 Nov 2009 12:14

Round-up: Sportingbet, Cap-XX, Liontrust

Fund manager Liontrust's assets under management have continued to fall, while profits also took a tumble in the six months to September. Profit before tax slumped to £0.5m from £6.1m, while managed fund dropped from £1.3bn at end September to £1.2bn currently. The interim dividend maintained at 2.

Read more
27 Oct 2009 17:04

Burton sells as Matra starts drilling

Non-executive director Craig Burton has sold 3m shares in Matra Petroleum at an average price of 4.16p a share but he still holds 45.2m shares - 4.53% of the Russia-focused oil and gas explorer. This follows last Friday's disposal of 18m shares by Macquarie Bank, which retains a 11.02% stake in Ma

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.