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Leclanch SA / Key word(s): Miscellaneous
07.08.2012 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR =--------------------------------------------------------------------------
Not for release, publication or distribution in the United States of America, Canada, Japan or Australia
Leclanch
Press Release
Leclanch raises additional gross proceeds of CHF 3.9 million
Yverdon-les-Bains, August 7, 2012 - Leclanch 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 Leclanch S.A. 'With the recent installation of our new production unit in Willsttt, 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.'
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