Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Appoints Ariel Sivikofsky as interim chief financial officer for an initial period of 6 months. Adds that the intention is for him to stay in the role permanently thereafter. Says Sivikofsky has over 15 years experience as a CFO for both public and private companies and has worked in executive roles in across Europe and Australia. CAP-XX Chief Executive Officer Lars Stegmann says: ‘We are delighted to welcome Ariel Sivikofsky to the CAP-XX team and I look forward to working with him as we continue to grow the business.’

CAP-XX adds that Non-Executive Director Steen Feldskov will step down from this role following the firm’s annual general meeting next Monday.

Current stock price: 0.17 pence, down 2.5% on Tuesday afternoon in London

12-month change: down 73%

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