EQS-Adhoc: Leclanché receives notification of sales from Golden Partner International SA SPF
EQS Group-Ad-hoc: Leclanché SA / Key word(s): Miscellaneous
Leclanché receives notification of sales from Golden Partner International SA
SPF
08.08.2016 / 13:26
Release of an ad hoc announcement pursuant to Art. 53 KR.
--------------------------------------------------------------------------------
For immediate release
Leclanché receives notification of sales from Golden Partner International SA
SPF
-Three new shareholders purchase all shares from Golden Partner International SA
SPF.
-CEO of Golden Partner SA David Anthony Ishag remains on the Board Of Directors
and underlines his full support to the Company and to advise the new group of
shareholders.
YVERDON LES BAINS, Switzerland, 8th of August 2016:Leclanché SA has received a
notification in which BRIGHT CAP - European Securities, Golden Partner Fund
SICAV-SIF SA Global Balanced, and Avia SICAV-SIF - Gems Fund, Investment Funds
in Luxembourg have each respectively acquired 3'010'000; 2'100'000; and
6'638'821 shares in Leclanché from Golden Partner International SA SPF.
The three purchasers have retained Golden Partner SA as their investment adviser
with regard to their shareholding in Leclanché.
They asked Golden Partner SA's CEO Mr David Anthony Ishag to stay on the board
of Leclanché and act as their common representative.
Commenting on these transactions, Mr David Anthony Ishag declared "I intend to
remain on the Board of Directors of Leclanché and play a constructive role in
the future success of the company including but not limited to advising the
purchasers in committing new funds to the current and future capital raising of
Leclanché."
Leclanché CEO Anil Srivastava commented"We welcome this sale, as it brings
diversified institutional funds into the capital of the Company, and thank
Golden Partner SA to assist in procuring further support to the Company's growth
plan."
* * * * *
About Leclanché
Leclanché is a fully vertically integrated battery energy storage solution
provider. It delivers a wide range of turnkey 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 reliable partner for 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. Since 2006, the company
moved from a traditional battery producer to become one of the first developers,
manufacturers and provided of lithium-ion cells in Europe. Leclanché's BESS are
optimized for various applications, in particular for the integration of
renewable energy, diesel fuel reduction, electricity grid-connected ancillary
services, peak power shaving for heavy industries, as well as for heavy duty
transportation in buses, trams, trains or maritime vessels. Leclanché products
are characterized by a very high cycle stability (both for cells with titanate
and graphite anodes) and industry-leading long service life resulting into
reduced total cost of ownership. With its patented separator technology, which
is a core element of lithium-ion batteries, Leclanché is able to make cells with
very good safety characteristics, under a highly automated production process.
Leclanché operates a fully automated plant for the production of large format
lithium-ion cells at an annual maximum capacity of up to one million cells and
is capable of running multiple chemistries through production for different cell
characteristics. In addition, Leclanché offers a number of specialized battery
systems through its Portable Business Unit, such as customer-specific energy
storage systems for defence and medical applications. Leclanché also distributes
primary and secondary batteries and accessories of other producers.
Leclanché is listed on the Swiss stock exchange. 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
Hubert Angleys
Tel.: +41 (0) 24 424 65 00
E-Mail:invest.leclanche@leclanche.com
End of ad hoc announcement
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08.08.2016 News transmitted by Tensid EQS AG. www.eqs.com
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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: Foreign Exchange(s) SIX
End of News EQS Group News Service
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