Leclanché receives notification of sales from Golden Partner International SA SPF Montag, 08. August 2016 - 14:28

Leclanché SA / Schlagwort(e): Sonstiges
Leclanché receives notification of sales from Golden Partner International
SA SPF

08.08.2016 / 13:26
Veröffentlichung einer Ad-hoc-Mitteilung gemäss Art. 53 KR.


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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