Ad hoc announcements

Leclanché Announces a Delay in the Publication of its Half Year Results

Mon Oct 2

The application of Leclanché of 29 September 2017 for granting an extension of the deadline to publish its 2017 half-year report and to file such a report with SIX Exchange Regulation until 13 October 2017 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 half year report is not published and not filed with SIX Exchange Regulation until Friday, 13 October 2017, 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 Saturday, 30 September 2017, 11:59 pm CET, at the latest. The ad hoc notice must contain:

  •  an unaltered reproduction of the wording of section l. of this 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 half-year report and to file such report with SIX Exchange Regulation.

Leclanché filed an application to SIX Exchange Regulation to grant an extension of the deadline to publish its 2017 half year report due to an administrative delay in registering the capital increase scheduled on 29 September 2017 which was curing the over indebtedness position of the Company.

About Leclanché

Headquartered in Switzerland, Leclanché SA is a leading provider of high-quality energy storage solutions designed to accelerate our progress towards a clean energy future. Leclanché’s history and heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company’s culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world. The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, e-Transport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN).

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 Leclanché

 

Media Switzerland /Europe:

Thierry Meyer

T: +41 (0) 79 785 35 81

E-mail: tme@dynamicsgroup.ch

 

Media North America:

Henry Feintuch / Ashley Blas

T: +1-914-548-6924 / +1-509-494-4053

E-mail: leclanche@feintuchpr.com  

 

Media Germany:

Christoph Miller

T: +49 (0) 711 947 670

E-mail: leclanche@sympra.de

 

Investor Contacts:

Anil Srivastava / Hubert Angleys

T: +41 (0) 24 424 65 00

E-mail: invest.leclanche@leclanche.com