Holding in Company & Director Interest

RNS Number : 3742A

CAP-XX Limited

29 March 2012

 



29 March 2012

 

CAP-XX Limited

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

Director Interest

CAP-XX Limited (AIM:CAPX.L), was informed on 27 March 2012 that, on that date, Innovation Capital Ltd and Innovation Capital Fund LLP (together "Innovation Capital Fund I") sold a total of 1,500,000 ordinary shares in the Company at a price of 28 pence per share. Innovation Capital is a leading Australian venture firm and has been a shareholder since 1999. They have been and remain a long term supporter of CAP-XX. Innovation Capital Fund I, under its constitution, must be wound up and its assets liquidated over the next year.  Innovation Capital Fund 1 now have a beneficial interest in 660,775 ordinary shares in the Company representing 0.77% of the issued share capital of the Company. Mr Michael Quinn, Chairman of CAP-XX, is a Managing Partner of Innovation Capital. He continues to have an interest in 833,974 ordinary shares representing 0.97% of the issued share capital of the Company including shares held in a superannuation fund, by Innovation Capital Limited and Innovation Capital LLC.

For further information, please contact

CAP-XX Limited Anthony Kongats, Chief Executive Officer	[phone]
Seymour Pierce Ltd Nandita Sahgal/Catherine Leftley (Nominated Adviser) David Banks/Paul Jewell (Corporate Broking)	[phone]
Kreab Gavin Anderson & Company (Financial PR) Robert Speed, Deborah Walter, Anthony Hughes	[phone]

 

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