December 22, 2010 | by Leclanché SA
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December 22, 2010, The battery specialist Leclanché is receiving gross proceeds amounting to CHF 31.3 million from the capital increase. The subscription period for the rights offering has expired yesterday at 12.00 (CET). In total, pre-emptive rights corresponding to 1,111,250 new registered shares have been exercised. Together with additional shares that have been subscribed for in the share offering, the company will issue a total of 1,118,350 new registered shares at a price of CHF 28 per share. The free float was increased from ca. 40 percent to ca. 60 percent.
„The successful conclusion of the capital increase allows us to finance our expansion strategy. It was our plan to raise CHF 25 million with the capital increase. That we have now raised CHF 31.3 million is a great success. As planned, we will now increase our production capacity to over one million cells per year in 2012“, says Dr. Ulrich Ehmes, Chief Executive Officer of Leclanché S.A.
Delivery of the new shares against payment of the subscription price is expected to occur on December 24, 2010. Trading in the new shares and existing shares according to the Main Standard of the SIX Swiss Exchange is expected to start on December 27, 2010.
Credit Suisse AG has been mandated as lead manager for the offering. Zürcher Kantonalbank is acting as a co-manager and Ambrian Partners Limited is acting as a selling agent.
Contact:
Leclanché SA
Christophe Lamps
Dynamics Group S.A.
T.: +41 22 308 62 22
E.: cla@dynamicsgroup.ch
Markus Wieser, CNC AG
T.: +49 89 599 458 114
E.: markus.wieser@cnc-communications.com
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Conclusion of this article: « Leclanché raises CHF 31.3 million with capital increase »
Source: Leclanché SA, Press release