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EQS-Adhoc: Leclanché SA: Leclanché will announce 2017 annual results on 4th May 2018


EQS Group-Ad-hoc: Leclanché SA / Key word(s): Half Year Results/Final Results
Leclanché SA:  Leclanché will announce 2017 annual results on 4th May 2018

30-Apr-2018 / 19:53 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Leclanché will announce 2017 annual results on 4thMay 2018

YVERDON-LES-BAINS, Switzerland, 30thApril 2018. Leclanché SA (SIX: LECN), one of
the world's leading energy storage solution companies, announces that its 2017
annual results will be released on 4thMay 2018.

Leclanché has obtained an extension to publish its 2017 annual report and to
file the report with SIX Exchange Regulation.

The decision by one of our shareholders to postpone by a couple of weeks the
conversion of its Mandatory Convertible Note (MCN) signed in December 2017, has
delayed the finalization of the 2017 annual report and its approval by the
Company's Board of Directors. Leclanché will release its 2017 annual results on
4thMay 2018.

Anil Srivastava, CEO of Leclanché, said:"This four-day delay in the announcement
of our 2017 results is only technical and I want to reiterate what was stated in
our 1stMarch 2018 market update. Leclanché is fully funded and is on track to
meet its CHF 40-50 million 2018 revenue guidance. We look forward to sharing our
results with you on the 4thof May and to set out our strategy to capitalize on
the exciting growth opportunities in the stationary and transport markets and
leveraging our established market leadership position."

Leclanché is following below the obligation made by SIX Exchange Regulation to
publish a reproduction of section I of the letter granting the extension of the
deadline for publication and filing of its 2017 annual report:

The application of Leclanché of 26thApril 2018 for granting an extension of the
deadline to publish its 2017 annual report and to file such report with SIX
Exchange Regulation until 4thMay 2018 is granted with the following reservation
(lit. a) and under the following conditions (lit. b):

a) SIX Exchange Regulation reserves the right to suspend trading in the shares
of Leclanché in case the 2017 annual report is not published and not filed with
SIX Exchange Regulation until Friday 4thMay 2018, 11:59 pm CET, at the latest,
in accordance with the provisions regarding ad hoc publicity (art. 53 of the
Listing Rules [LR] in connection with the Directive on Ad Hoc publicity [DAH].

b) Leclanché is required to publish a notice in accordance with the provisions
regarding ad hoc publicity (art. 53 LR in connection with the DAH) until
Wednesday 2ndMay 2018, 7:30 am CET, at the latest. The ad-hoc notice must
contain:

- An unaltered reproduction of section I of SIX Exchange Regulation's decision,
placed in a prominent position in the ad hoc notice; and

- The reasons for the application of Leclanché for granting an extension of the
deadline to publish its 2017 annual report and to file such report to SIX
Exchange Regulation.


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About Leclanché

Leclanché is one of the world's leading fully vertically integrated energy
storage solution providers. It delivers a wide range of energy storage solutions
for homes, small offices, large industries, electricity grids, as well as
hybridization for mass transport systems such as bus fleets and ferries.
Established in 1909, Leclanché has been a trusted provider of battery energy
storage solutions for over 100 years. Founded in the tradition of Georges
Leclanché, the inventor of the dry cell battery, Leclanché today has a rich
portfolio of Battery Energy Storage Systems (BESS) that include bespoke battery
systems from industry leading lithium-ion solutions.

Leclanché is listed on the Swiss stock exchange, and is the only listed
pure-play energy storage company in the world. www.leclanché.com.

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

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.

* * * * *

 

Contacts

Europe/Global:
Désirée Maghoo
T: +44 (0) 7775 522740
E-mail:dmaghoo@questorconsulting.com

Simon Barker
T: +44 (0)7866 314331
E-mail:sbarker@questorconsulting.com

US and Canada:
Rick Anderson
T: +1 (718) 986-1596

Henry Feintuch
T: +1 (212) 808-4901
E-mail:leclanche@feintuchpr.com

Investor Contacts
Anil Srivastava / Hubert Angleys
T: +41 (0) 24 424 65 00
E-Mail:invest.leclanche@leclanche.com

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End of ad hoc announcement------------------------------------------------------

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 Swiss Exchange



 

End of Announcement EQS Group News Service

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681093  30-Apr-2018 CET/CEST

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