on Leclanché SA (ETR:CH001627)
Leclanché SA Enhances Financial Strength with Debt-to-Equity Conversion
Leclanché SA, a leader in energy storage solutions, has announced a significant enhancement in its financial structure. The company will convert CHF 40.06 million of debt into equity, utilizing shares from its conditional pool. This move also incorporates related interest, strengthening the company's financial position and strategic growth capacity.
The conversion underscores the unwavering commitment of Leclanché's majority shareholder. CEO Pierre Blanc emphasized the importance of this step in bolstering the company's financial resilience, expressing gratitude for shareholder support.
Based in Yverdon-les-Bains, Switzerland, Leclanché focuses on advanced battery systems for industries such as marine and rail, aiming to support the shift towards low-carbon energy solutions.
R. P.
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