Leclanché Concludes its 2024 Annual General Meeting

Leclanché SA (SIX: LECN) announced the results of its 2024 Annual General Meeting held in Yverdon-les-Bains, Switzerland. Shareholders approved the conversion of CHF 84.7 million in debt into company shares, enhancing the company's capital reserves and reinforcing its balance sheet.

The meeting also saw approval for an increase in conditional capital and the introduction of a capital band. Additionally, the company's share capital was increased by CHF 18.8 million through two ordinary capital increases, taking it from CHF 58.6 million to CHF 77.4 million.

Re-elections were held for all five members of the Board of Directors, with Mr. Lex Bentner re-elected as Chairman. The shareholders also approved the Executive Committee's maximum aggregate compensation of CHF 2.35 million for 2025.

Leclanché emphasizes strategic initiatives in e-Mobility, Stationary, and Specialty Battery businesses as it continues to innovate and expand.