RE: RNS - key takeaway.17 Oct 2024 18:13
Back in August:
“ CAP-XX, a world leader in the design and manufacture of supercapacitors and energy management systems, announces that it has received a notice to exercise warrants ("Warrants") over 85,000,000 new ordinary shares of no par value each in the Company (the "New Ordinary Shares") at an exercise price of 0.15 pence per Warrant, raising approximately £127,500 for the Company.
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the New Ordinary Shares on AIM will commence on or around 6 August 2024.”
Has the person who exercised these warrants been quietly selling, and has now bulk sold their remaining shares as we approach 0.15?