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Leclanché SA Granted Temporary Exemption from 2024 Annual Report Disclosure

Story Highlights
  • Leclanché SA receives temporary exemption from publishing its 2024 annual report.
  • The company is working on securing financing to expand production and maintain operations.
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Leclanché SA Granted Temporary Exemption from 2024 Annual Report Disclosure

Confident Investing Starts Here:

An update from Leclanche SA ( (CH:LECN) ) is now available.

Leclanché SA has been granted a temporary exemption from the obligation to publish its 2024 annual report by the issuer committee, with a new deadline set for June 30, 2025. This decision follows an earlier extension and results in the continued suspension of trading in Leclanché’s shares until the report is published. The company is focused on maintaining a positive equity position and ensuring operational continuity, with ongoing efforts to secure long-term financing of up to 360 million Swiss francs to expand production capacities and enhance working capital. The annual general meeting is planned for August 2025, with invitations to be sent after the report’s publication.

More about Leclanche SA

Leclanché SA is a leading global provider of low-carbon energy storage solutions based on lithium-ion cell technology. Founded in 1909 in Yverdon-les-Bains, Switzerland, the company is known for its innovation in battery and energy storage. Leclanché operates in three business units: energy storage solutions, e-mobility solutions, and specialty battery systems, with production facilities in Germany and a workforce of over 350 employees across eight countries. The company is listed on the Swiss stock exchange under the ticker symbol LECN.

Average Trading Volume: 49,872

Current Market Cap: CHF225.3M

Learn more about LECN stock on TipRanks’ Stock Analysis page.

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