Last checked at 14 Oct 2021 09:56
14 October 2021
CAP-XX Limited
("CAP-XX" or "the Company")
Grant of Share Options
The Board of CAP-XX announces that a total of 34,665,000 options to subscribe for new ordinary shares (the "Options") have today been granted to Directors and various employees of CAP-XX.
The Options have been granted pursuant to the CAP-XX Limited Share Option Plan at an exercise price of 5.95p per share. The Options have a life of five years, with 25% of the Options vesting six months after the anniversary of the grant date, with the remainder vesting in equal monthly amounts of 1/48th from this date. Following today's grant, the Company will have a total of 49,440,000 stock options outstanding.
The table below provides details of the Options that were granted to persons discharging managerial responsibilities (PDMRs).
Directors/PDMR | Total number of new Options granted | Total number of options now held following the grant |
Patrick Elliott (Non-Executive Chairman) | 2,300,000 | 3,900,000 |
Bruce Grey (Non-Executive Director) | 2,300,000 | 3,900,000 |
Anthony Kongats (Chief Executive Officer) | 7,000,000 | 11,800,000 |
Michael Taylor (Chief Financial Officer) | 1,750,000 | 2,950,000 |
Pierre Mars (VP, Quality & Applications) | 1,750,000 | 2,950,000 |
Alex Bilyk (VP, Research & Development) | 3,000,000 | 4,200,000 |
Dallas Garratt (GM, Operations) | 2,000,000 | 2,000,000 |
Song Hee Lau (GM - Sales & Marketing, APAC) | 4,000,000 | 5,200,000 |
Jeff Colton - (EVP - USA) | 4,000,000 | 4,000,000 |
Marco Ranalli (GM - Europe) | 4,000,000 | 4,000,000 |
The grants of Options to PDMRs are notifiable pursuant to the EU Market Abuse Regulation which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018. Notification and public disclosure of these transactions by PDMRs can be found below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Patrick Elliott | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director - Non-Executive Chairman | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 2,300,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Bruce Grey | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director - Non-Executive | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 2,300,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Anthony Kongats | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director - Chief Executive Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 7,000,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Michael Taylor | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 1,750,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Pierre Mars | ||||
2 | Reason for the notification | |||||
a) | Position/status | Vice President, Applications & Quality | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 1,750,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alex Bilyk | ||||
2 | Reason for the notification | |||||
a) | Position/status | Vice President, Research & Development | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 3,000,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Dallas Garratt | ||||
2 | Reason for the notification | |||||
a) | Position/status | General Manager, Operations | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 2,000,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Song Hee Lau | ||||
2 | Reason for the notification | |||||
a) | Position/status | General Manager - Sales & Marketing - APAC | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 4,000,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Jeff Colton | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Vice President - USA | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 4,000,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Marco Ranalli | ||||
2 | Reason for the notification | |||||
a) | Position/status | General Manager - Europe | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | CAP-XX Limited | ||||
b) | LEI | 213800HECUSIYXH3WN26 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value each in CAP-XX Limited
Identification code (ISIN) for CAP-XX Limited ordinary shares: AU0000XINAS1 | ||||
b) | Nature of the transaction | Grant of new options over 4,000,000 ordinary shares with an exercise price of 5.95p
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 14 October 2021 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
For further information contact:
CAP-XX Limited Anthony Kongats (CEO)
| +61 (0) 2 9428 0139 |
Kreab (Financial PR) Robert Speed
| +44 (0) 20 7074 1800 |
Allenby Capital (Nominated Adviser and Joint Broker) David Hart / Alex Brearley (Corporate Finance) Tony Quirke (Sales and Corporate Broking)
| +44 (0) 20 3328 5656 |
Cenkos Securities plc (Joint Broker) Neil McDonald / Pete Lynch
| +44 (0) 13 1220 6939 |
More information is available at www.cap-xx.com
Notes to Editors:
CAP-XX (LSE: CPX) is a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics, and deliver similar benefits in automotive and other transportation applications. For more information about CAP-XX, visit www.cap-xx.com