RNS: GRANT OF OPTIONS14 Aug 2024 07:16
Grant of options
Further to the Company's announcement on 18 June 2024, the Board of CAP-XX, a world leader in the design and manufacture of supercapacitors and energy management systems, announces that the Company has granted 60,000,000 options (the "Options") over ordinary shares of no par value in the Company ("Ordinary Shares") to certain employees.
The exercise price of the Options is 0.08p, as was announced on 18 June 2024, being the closing mid-market price of an Ordinary Share on 17 June 2024, the last practicable date prior to the proposed grant of the Options. The Options vest annually in equal instalments over five years.
Following this grant of Options, the total number of options outstanding over Ordinary Shares in the Company will be 224,165,000.