CAP-XX Limited Litigation with Kyocera AVX settled
2024年4月8日 - 5:12PM
RNS Regulatory News
RNS Number : 6633J
CAP-XX Limited
08 April 2024
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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