Dissemination of a Regulatory
Announcement that contains inside information for the purposes of Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310.
19
February 2024
CAP-XX
Limited
("CAP-XX" or the
"Company")
Cessation of appeals
process
Further to the Company's
announcement on 29 January 2024, CAP-XX
Limited, a world leader in the design and manufacture of
supercapacitors and energy management systems, provides the
following update.
Following the Delaware District
Court judgment in favour of Maxwell Technologies Inc. in a patent
infringement case asserted by CAP-XX, the Directors of CAP-XX have
decided to take no further action with the appeal made to the
Federal Circuit Court of Appeals. This will result in the dismissal
of the appeal. The decision follows the conclusion of a case review
by CAP-XX with its lawyers, which considered the legal fees to
present the appeal and the probability of success.
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