DGAP-Adhoc: LION E-Mobility AG: LION E-Mobility AG appoints another CEO for LION Smart GmbH

DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Personnel/Miscellaneous
LION E-Mobility AG: LION E-Mobility AG appoints another CEO for LION Smart GmbH

09-March-2020 / 10:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Baar (CH), March 9, 2020 - LION E-Mobility AG ("LION"), a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has appointed another CEO of the operating subsidiary LION Smart GmbH (" LION Smart "). 
 
Information and Explanation of the Issuer to this News:

With immediate effect, Thomas Hetmann takes on the role of Managing Director of LION Smart in addition to his role as CFO of LION Smart and LION AG thus strengthening the team in the current phase of growth that the Sogefi deal has boosted last week.
Alessio Basteri, President of the LION Board of Directors said: 'We are delighted that Thomas is supporting the LION Smart team as CEO, especially as we move into a more intensive phase of growth'
Thomas Hetmann, new CEO of LION Smart says: 'I am very much looking forward to contributing operationally my many years of experience in the automotive industry (e.g. CFO Schaeffler) and to actively supporting LION Smart in the next steps in strategic growth and driving this forward as CEO improving the internal structure and processes. '


About LION E-Mobility:
LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, particularly in the areas of electrical energy storage and lithium-ion battery system technology.
The company owns 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.


Contact:

Sebastian Duering
Vice President, Weber Shandwick

T +49 221 94991871

M +49 151 58204309

ir@lionemobility.com





Tobias Mayer
CEO and Board Member

09-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English Company: LION E-Mobility AG Lindenstraße 16 6340 Baar Switzerland Phone: +41 (0)41 500 54 11 Fax: +41 (0)41 500 54 12 E-mail: info@lionemobility.de Internet: www.lionemobility.com ISIN: CH0132594711, CH0132594711 WKN: A1JG3H , A1JG3H Listed: Regulated Unofficial Market in Frankfurt, Hamburg, Munich (m:access), Tradegate Exchange EQS News ID: 992345
  End of Announcement DGAP News Service

992345  09-March-2020 CET/CEST