The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

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: 0.0925
Bid: 0.09
Ask: 0.095
Change: -0.005 (-5.13%)
Spread: 0.005 (5.556%)
Open: 0.0975
High: 0.0975
Low: 0.0925
Prev. Close: 0.0975
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
9 Feb 2021 11:18

TRADING UPDATES: Northbridge, discoverIE And Tandem Outlook Upbeat

TRADING UPDATES: Northbridge, discoverIE And Tandem Outlook Upbeat

Read more
4 Jan 2021 16:59

IN BRIEF: Cap-XX Says Australia Approves AUD3.1 Million Rebate

IN BRIEF: Cap-XX Says Australia Approves AUD3.1 Million Rebate

Read more
22 Dec 2020 10:47

UK WINNERS & LOSERS SUMMARY: Microsaic Halves As Sales Process Ends

UK WINNERS & LOSERS SUMMARY: Microsaic Halves As Sales Process Ends

Read more
22 Dec 2020 10:11

Cap-XX Shares Surge On First Shipment Of Seven Hills Supercapacitors

Cap-XX Shares Surge On First Shipment Of Seven Hills Supercapacitors

Read more
27 Oct 2020 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
10 Sep 2020 16:01

UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market

UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market

Read more
7 Aug 2020 20:12

IN BRIEF: CAP-XX Wins Case Against Ioxus, Awarded Damages

IN BRIEF: CAP-XX Wins Case Against Ioxus, Awarded Damages

Read more
19 May 2020 11:50

CAP-XX To Deliver Revenue Growth In Full Year Despite Weak Second Half

CAP-XX To Deliver Revenue Growth In Full Year Despite Weak Second Half

Read more
19 May 2020 09:40

CAP-XX losses widen despite improved revenues

(Sharecast News) - Supercapacitors manufacturer CAP-XX expects full-year 2020 losses to widen despite its anticipated growth in revenues.

Read more
16 Mar 2020 14:29

CAP-XX Sees No Major Covid-19 Disruption; Murata Integration On Track

CAP-XX Sees No Major Covid-19 Disruption; Murata Integration On Track

Read more
4 Mar 2020 12:25

Cap-XX First Half Meets Board Expectations; Makes Progress With Murata

Cap-XX First Half Meets Board Expectations; Makes Progress With Murata

Read more
24 Dec 2019 10:14

CAP-XX Raises GBP670,000 Through Open Offer To Buy Murata Equipment

CAP-XX Raises GBP670,000 Through Open Offer To Buy Murata Equipment

Read more
29 Nov 2019 10:39

UK WINNERS & LOSERS SUMMARY: Ocado Jumps On Japan Platform Deal

UK WINNERS & LOSERS SUMMARY: Ocado Jumps On Japan Platform Deal

Read more
29 Nov 2019 10:00

Cap-XX Proposes Discounted Share Issue Amid Murata Equipment Purchase

Cap-XX Proposes Discounted Share Issue Amid Murata Equipment Purchase

Read more
29 Nov 2019 09:11

CAP-XX to buy equipment from Murata; To fund deal with placing

(Sharecast News) - Supercapacitor manufacturer CAP-XX said it had agreed to buy production line equipment from Japanese firm Murata Manufacturing.

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.