8 April 2024
CAP-XX Limited
("CAP-XX" or the "Company")
Litigation with Kyocera AVX settled
CAP-XX is pleased to announce that the litigation with Kyocera AVX in the Supreme Court Of New South Wales has been settled with each party agreeing to pay its own costs. Therefore, CAP-XX has no exposure to any costs incurred by Kyocera AVX.
The effect of the settlement is that CAP-XX has no litigation matters outstanding and the Board and management can focus fully on continuing to progress the CAP-XX business.
For further information contact:
CAP-XX Limited
Pat Elliott (Chairman) +61 (2) 9157 0000
Lars Stegmann (Chief Executive Officer)
Allenby Capital (Nominated Adviser and Joint Broker)
David Hart / Piers Shimwell (Corporate Finance) +44 (0) 20 3328 5656
Tony Quirke / Stefano Aquilino (Sales and Corporate Broking)
Cavendish Securities plc (Joint Broker)
Neil McDonald / Pearl Kellie +44 (0) 13 1220 6939
Kreab (Financial PR)
Robert Speed +44 (0) 20 7074 1800
Notes to Editors:
CAP-XX (LSE: CPX) is a 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
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