Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCAP-XX Regulatory News (CPX)

Share Price Information for CAP-XX (CPX)

Share Price is delayed by 15 minutes
Get Live Data
0.25    -0.01 (-3.85%)
Bid:
0.24
Ask:
0.26
Spread: 0.02 (8.333%)
Market Cap: £14.49m
CPX Live PriceLast checked at - London Stock Exchange

Intraday CAP-XX Share Chart

Placing and Trading Update

24 May 2011 07:00

RNS Number : 1346H
CAP-XX Limited
24 May 2011
Β 

ο»Ώ

Β 

24 May 2011

Β 

CAP-XX Limited

(the "Company" or "CAP-XX")

Β 

Placing and Trading Update

Β 

CAP-XX Limited (AIM:CAPX.L), announces that Seymour Pierce Ltd has on behalf of the Company, placed 9,072,813 new ordinary shares of NPV ("New Ordinary Shares") at a price of 16 pence, to raise approximately Β£1.5 million before expenses (the "Placing"). CAP-XX is a world leader in the design and manufacture of revolutionary thin-form supercapacitors which considerably extend the performance of batteries in small portable devices.

Β 

The proceeds of the placing are to be used for the development of supercapacitor products and working capital purposes.

Β 

Placing details

Β 

Seymour Pierce Ltd has placed 9,072,813 New Ordinary Shares on behalf of the Company with institutional investors. The Placing is conditional, inter alia, upon Admission and will raise Β£1,451,650 before expenses.

Β 

Application will be made for the New Ordinary Shares issued pursuant to the Placing to be admitted to trading on AIM and it is anticipated that Admission will become effective and that dealings will commence on 1 June 2011.

Β 

The Placing Shares will, when issued, rank equally in all respects with the existing ordinary shares and will represent approximately 11.8 per cent of the entire issued share capital of the Company immediately following Admission.

Β 

Following the Placing the Company will have 77,032,097 ordinary shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in CAP-XX Limited, under the Disclosure and Transparency Rules.

Β 

Β 

Β 

For further information, please contact

Β 

CAP-XX Limited

Anthony Kongats, Chief Executive Officer

Β 

+61 (0) 2 9428 0139

Seymour Pierce Ltd

Nandita Sahgal/Catherine Leftley (Nominated Adviser)

David Banks (Corporate Broking)

Β 

+44 (0) 20 7107 8000

Β 

Kreab Gavin Anderson & Company (Financial PR)

Robert Speed, Deborah Walter, Anthony Hughes

Β 

+44 (0) 20 7074 1800

Β 

Notes to Editors:

Β 

CAP-XX is a world leader in the design and manufacture of thin form supercapacitors and energy management systems, predominantly for portable electronic devices.

Β 

The uniqueΒ feature of CAP-XX's supercapacitors isΒ their ability to store high volumes of energy andΒ output highΒ power levelsΒ within aΒ thinΒ form design. These attributes will be critical for the next generation of high volume, power-hungry portable electronic devices, including mobile phones.

Β 

Portable devices are one of the fastest growing segments of the electronics market and provide the greatest opportunities for CAP-XX's products. CAP-XX's products are already an established enabling technology for the current generation of wireless devices and portable devices.Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
IOEAJMRTMBBTBMB
Date   Source Headline
5th Mar 20157:15 amRNSNotice, Subscription and Notice of GM
5th Mar 20157:00 amRNSInterim Results
13th Feb 20157:00 amRNSAppointment of Joint Broker
3rd Feb 20157:00 amRNSAutomotive MoU signed and Trading Update
30th Oct 201412:03 pmRNSDirectors' Dealings and Issue of Equity
23rd Oct 20141:00 pmRNSResult of AGM
29th Sep 20147:00 amRNSNotice of AGM and Posting of Report & Accounts
8th Sep 20147:00 amRNSAudited Results for the year ended 30 June 2014
8th Jul 20149:46 amRNSHolding(s) in Company
13th Jun 201412:39 pmRNSTrading Update
11th Apr 20149:38 amRNSResult of General Meeting
24th Mar 20147:00 amRNSCap-XX: Interim Results
14th Feb 20143:49 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
6th Jan 20147:40 amRNSCompany Update
7th Nov 201311:17 amRNSCAP-XX Result of AGM
14th Oct 201312:40 pmRNSGranting of Share Options
3rd Oct 20133:32 pmRNSNotice of AGM and Posting of Report & Accounts
1st Oct 20137:00 amRNSResults for the year ended 30 June 2013
12th Sep 20139:32 amRNSMurata launches new supercapacitor
29th Aug 20131:11 pmRNSResult of General Meeting
22nd Jul 20131:00 pmRNSProposed Placing and Notice of General Meeting
6th Jun 20137:00 amRNSEncouraging customer orders
14th May 20137:00 amRNSLaunch of large prismatic supercapacitors
11th Apr 201310:33 amRNSChange of Adviser
3rd Apr 20137:00 amRNSPositive in-vehicle Supercapacitor Test Results
5th Mar 20137:00 amRNSInterim Results
11th Dec 20128:33 amRNSDirectorate Change
6th Nov 20129:55 amRNSResult of AGM
11th Oct 20129:12 amRNSNotice of AGM & Posting of Report & Accounts
9th Oct 20127:00 amRNSAudited Results for the year ended 30 June 2012
4th Oct 201212:30 pmRNSUpdate & Notice of Results
24th Aug 20127:00 amRNSAppointment of Non-executive Director
3rd Aug 20127:00 amRNSTrading & Placing Update
5th Jul 20125:27 pmRNSBoard Change
30th May 20129:00 amRNSPlacing Update
2nd May 201211:00 amRNSDirector/PDMR Shareholding
26th Apr 20129:24 amRNSDirector/PDMR Shareholding
23rd Apr 20127:00 amRNSCold Weather Automotive Applications
2nd Apr 20124:39 pmRNSHolding(s) in Company
30th Mar 20128:08 amRNSTotal Voting Rights and Placing Update
29th Mar 20121:45 pmRNSHolding in Company & Director Interest
19th Mar 201212:12 pmRNSHolding(s) in Company
12th Mar 20129:30 amRNSIssue of Equity
27th Feb 20127:00 amRNSHalf Yearly Report
27th Feb 20127:00 amRNSAutomotive Stop-Start commercialisation agreement
17th Feb 20129:56 amRNSHolding(s) in Company
14th Feb 20127:00 amRNSCAP-XX develops Automotive Supercapacitor
3rd Feb 20124:18 pmRNSHolding(s) in Company
23rd Dec 20119:27 amRNSGranting of Share Options
21st Dec 20111:00 pmRNSForm 8.3 - CAP-XX Limited

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.