Ad-hoc | 7 August 2012 07:00
Leclanché SA / Key word(s): Miscellaneous
07.08.2012 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR
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Not for release, publication or distribution in the United States of
America, Canada, Japan or Australia
Leclanché
Press Release
Leclanché raises additional gross proceeds of CHF 3.9 million
Yverdon-les-Bains, August 7, 2012 - Leclanché S.A. (SIX Swiss Exchange :
LECN), specialized in the production of large-format lithium-ion cells and
energy storage solutions, announced today the exercise of 492,114 warrants
(SIX Swiss Exchange : LECNW) at the end of the warrant exercise period,
which closed on August 6, 2012. As a result of the exercise of these
warrants, 246,057 new registered shares were issued, leading to gross
proceeds of CHF 3.9 million.
'We would like to warmly thank our shareholders for their continuing
support and confidence. These additional funds will allow us to increase
our operational flexibility as we are bringing to the market high
performance energy storage solutions,' said Dr. Ulrich Ehmes, CEO of
Leclanché S.A. 'With the recent installation of our new production unit in
Willstätt, one of the few of its kind in Europe, we are able to address the
increasing need for efficient storage solutions both for domestic and
industrial clients.'
About Leclanché
Leclanché specializes in the production of tailor-made energy storage
solutions. Leclanché's strategy is to expand its position as one of the
leading lithium-ion cell producers and solution providers for renewable
energy storage systems in Europe. Its initial 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 off-road and automotive
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. At the end of the second quarter 2012,
Leclanché started operations of its first production line with an installed
annual capacity of up to 76 MWh in lithium-titanate cells.
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
120 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
Contact for German media:
Markus Wieser, CNC AG: Telephone: +49 89 599 458 114,
markus.wieser@cnc-communications.com
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.
This press release constitutes neither an offer to sell nor a solicitation
to buy any securities. It does not constitute a prospectus pursuant to art.
652a and/or 1156 of the Swiss Code of Obligations or art. 27 et seq. of the
SIX Swiss Exchange Listing Rules. The securities have already been sold.
This press release and the information contained herein are not for
distribution in or into the United States of America and must not be
distributed to U.S. persons (as defined in Regulation S of the U.S.
Securities Act of 1933, as amended ('Securities Act')) or to publications
with a general circulation in the United States. This press release does
not constitute an offer to sell or a solicitation of an offer to purchase
any securities in the United States. The securities of LECLANCHE S.A. have
not been and will not be registered under the Securities Act and may not be
offered, sold or delivered within the United States or to U.S. persons
absent registration under or an applicable exemption from the registration
requirements of the Securities Act. There will be no public offer of
securities of LECLANCHE S.A. in the United States.
This press release is directed only to persons (i) who are outside the
United Kingdom or (ii) who have professional experience in matters relating
to investments falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2001 (as amended) (the
'Order') or (iii) who fall within Article 49(2)(a) to (d) ('high net worth
companies, unincorporated associations, etc.') of the Order (all such
persons together being referred to as 'Relevant Persons'). Any person who
is not a Relevant Person must not act or rely on this communication or any
of its contents. Any investment or investment activity to which this
communication relates is available only to relevant persons and will be
engaged in only with Relevant Persons.
07.08.2012 News transmitted by EquityStory AG.
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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
Swiss Security Number: A1CUUB, 812950
Listed: SIX
End of Announcement EquityStory News-Service
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