LION E-Mobility AG resolves capital increase by issuing 2,330,000 new shares
Baar (CH), 3 June, 2022 – Ad-hoc: The Board of Directors of LION E-Mobility AG, a listed Swiss holding company with strategic investments in the e-mobility sector, especially in the field of electrical energy storage and lithium-ion battery system technology, has today decided to increase the share capital from authorized capital. The resolution was based on the authorization granted by the extraordinary general meeting dated June 30, 2021, and with reference to art. 3a of the articles of association regarding the authorized share capital.
The share capital increased by 2,330,000 shares from 10,032,633 to 12,362,633 shares and now amounts to CHF 1,607,142.29. Anchor strategic investor Ian Mukherjee subscribes for the shares at an issue price of EUR 2.60 per registered share, for a total of EUR 6,058,000.00 (rounded).
About LION E-Mobility AG:
LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, especially in the field of electrical energy storage and lithium-ion battery system technology. The company holds 100% of the German LION Smart GmbH, a developer of battery packs and battery management systems. LION Smart GmbH also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a successful joint venture with TÜV SÜD AG. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc. and 100% of the German LION Smart Production GmbH.
Responsible for the press release: Board of Directors LION E-Mobility AG
LION E-Mobility AG
Alessio Basteri
Chairman of the Board
LION E-Mobility Investor Relations
Frank Schönrock (Weber Shandwick)
Phone: +49 (0) 1737025315
E-Mail: ir@lionemobility.com | www.lionemobility.com
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Arne Siegner
Phone: +41 (0) 41 500 54 11
E-mail: ir@lionemobility.com | www.lionemobility.com
Disclaimer:
Statements that express or contain forecasts, expectations, views, plans, goals and assumptions regarding future events or performance are not considered historical facts and may therefore be forward-looking statements. Forward-looking statements are based on the expectations, estimates and plans at the time the statements were made, and therefore involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated become. LION E-Mobility AG is under no obligation to update the forward-looking statements in this press release.
