Cap-xx Share News (CPX)

IN BRIEF: Cap-XX says former C&K VP Lars Stegmann starts today as CEO

Cap-XX Ltd - Sydney-based supercapacitor and energy management system manufacturer - Says the appointment of Lars Stegmann to the board as a chief executive officer is effective immediately after the completion of the regulatory due diligence.

IN BRIEF: Cap-XX applies to admit 129 million new shares to trading

Cap-XX Ltd - Sydney-based supercapacitor and energy management system manufacturer - Applies to admit 129.2 million new shares to be admitted to trading on AIM after shareholders vote in favour of it. The new shares are about 22% the size of the company's current shares in issue of 586.8 million shares. The company in May said it raised GBP2.4 million via another share placing of GBP181.5 million shares at 1.3p per share, which increased its total shares to the current GBP586.8 million. It plans to apply the money towards new product development and driving revenues through sales and marketing.

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IN BRIEF: Cap-XX hires former C&K VP Lars Stegmann as new CEO

Cap-XX Ltd - Sydney-based supercapacitor and energy management system manufacturer - Names Lars Stegmann as its new chief Executive Officer, start date unconfirmed. Says Stegmann will be based in Hamburg, Germany to be closer to many of CAP-XX's customers and investors. Stegmann has international business and market development experience in electronics and semi-conductors in senior sales management and business development roles. Prior to Cap-XX, he worked as vice president and general manager of C&K, the electronic switch and component manufacturer which is now part of Littelfuse Inc. Says his appointment will be subject to approval.

IN BRIEF: Cap-XX raises GBP180,000 from retail offer

Cap-XX Ltd - Sydney-based supercapacitor and energy management system manufacturer - Raises GBP180,000 in gross proceeds from its retail offer, issuing a total of 14.5 million shares at 1.3 pence each. Follows previously announced placing and subscription on Thursday, which raised GBP2.4 million. In total, retail offer, alongside placing and subscription, raises just under GBP2.7 million for the company, issuing a total of 205.8 million shares.

Cap-XX raises over GBP2.0 million through successful share placing

(Alliance News) - Cap-XX Ltd on Thursday said it had conditionally raised GBP2.4 million through a share placing, originally announced on Wednesday.

AIM WINNERS & LOSERS: Sound Energy shares rise ahead of maiden revenue

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

Thomson Reuters profit tops estimates as it plans AI push

NEW YORK, May 2 (Reuters) - Thomson Reuters Corp on Tuesday reported higher-than-expected sales and operating profit in the first quarter, helped by divestitures and high customer retention rates, as it plans a deeper investment in artificial intelligence.

Thomson Reuters reports higher first-quarter sales, profit

May 2 (Reuters) - Thomson Reuters Corp on Tuesday reported higher sales and operating profit in the first quarter, helped by divestitures and high customer retention rates.

TRADING UPDATES: McBride ups outlook, whilst FireAngel lowers

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

AIM WINNERS & LOSERS: Echo Energy production falls and cash runs short

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

IN BRIEF: Cap-XX shares up; meets Continental supply-deal requirements

Cap-XX Ltd - Sydney-based maker of supercapacitors and energy management systems - Says automotive supplier Continental Automotive GmbH has granted the part submission warrant to Cap-XX, following its successful completion of Continental's production part approval process. In February 2022, Cap-XX signed a sourcing agreement with Continental to provide CAP-XX DMT220 prismatic supercaps for one of Continental's key automotive programs from 2024 to 2030.

TRADING UPDATES: Abingdon Health optimistic; Chamberlin expects growth

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