DGAP-Adhoc: Leclanché SA implements resolutions of Extraordinary Shareholders' Meeting
10.09.2013 – 19:07
Leclanché SA / Key word(s): AGM/EGM 10.09.2013 19:00 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Press Release Leclanché SA implements resolutions of Extraordinary Shareholders' Meeting - The new shares will be listed on SIX Swiss Exchange as of September 11, 2013 Yverdon-les-Bains, Switzerland, September 10, 2013 - Leclanché S.A. (SIX Swiss Exchange: LECN), which specializes in the production of large-format lithium-ion cells and energy storage solutions, announced today that the share capital reduction through the reduction of the nominal value of all outstanding registered shares from CHF 5.00 to CHF 2.11 and the concurrent re-increase of the share capital by way of an ordinary capital increase as resolved by the Extraordinary Shareholders' Meeting of August 26, 2013 in connection with the Company's financial restructuring has been executed and duly registered with the Commercial Register of the Canton of Vaud. Pursuant to the ordinary capital increase, 7,744,622 new shares were issued to Precept Fund Management SPC on behalf of Precept Fund Segregated Portfolio ('Precept') and Bruellan Corporate Action Fund ('Bruellan'), both pursuant the conversion into equity of amounts outstanding under loans due to Precept (approx. CHF 4.7 mio.) and Bruellan (approx. CHF 6.9 mio.) respectively. The new shares are expected to commence trading on SIX Swiss Exchange on September 11, 2013. Leclanché S.A.'s new registered share capital amounts to CHF 28,220,758.37 and is divided into 13,374,767 fully paid-in registered shares with a nominal value of CHF 2.11 each. About Leclanché Leclanché's strategy is to become one of the leading lithium-ion cell producers and solution providers for renewable energy storage systems in Europe. Its strategic priorities are stationary home electrical energy storage applications and expansion into the stationary industrial and grid electricity storage markets. Through participation in research consortia focusing on hybrid and E-mobility applications, Leclanché is positioned to take advantage of new market opportunities. Through a unique, patented ceramic separator technology and focus on lithium-titanate technology, Leclanché manufactures large-format lithium-ion cells, optimized for safety and cycle-life, in a fully automated production process. The newly installed production line will have an annual capacity of one million cells or 76 MWh. Leclanché was founded in 1909 in Yverdon-les-Bains. Through the integration of a spin-off from the Fraunhofer-Gesellschaft in 2006, the company evolved from a traditional battery manufacturer to become a leading developer and manufacturer of lithium-ion cells in Europe. Leclanché currently employs more than 100 staff and is listed on the SIX Swiss Exchange (LECN). The company has its headquarters in Yverdon-les-Bains (Switzerland) and production facilities in Willstätt (Germany). www.leclanche.eu Media contact: Christophe Lamps, Dynamics Group S.A.: Telephone: +41 79 476 26 87, cla@dynamicsgroup.ch Disclaimer This press release contains certain forward-looking statements relating to Leclanché's business, which can be identified by terminology such as 'strategic', 'proposes', 'to introduce', 'will', 'planned', 'expected', 'commitment', 'expects', 'set', 'preparing', 'plans', 'estimates', 'aims', 'would', 'potential', 'awaiting', 'estimated', 'proposal', or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché's production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché's products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results. 10.09.2013 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: Leclanché SA Av. des Sports 42 1400 Yverdon-les-Bains Switzerland Phone: +41 (24) 424 65-00 Fax: +41 (24) 424 65-20 E-mail: investors@leclanche.com Internet: www.leclanche.com ISIN: CH0110303119, CH0016271550 Valor: A1CUUB, 812950 Listed: SIX End of Announcement EQS Group News-Service ---------------------------------------------------------------------------