OLD All Press Releases

Leclanché receives notification of sales from Golden Partner International SA SPF

Mon Aug 8
  • 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

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