LION E-Mobility AG: LION E-Mobility AG implements limited capital increase
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Baar (CH), October 28, 2020 - LION E-Mobility AG, a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has implemented a conditional capital increase as of October 14, 2020 (entry in the Commercial Register of the Canton of Zug) to service the stock option plans of LION Smart GmbH and the compensation of the Board of Directors of LION E-Mobility AG. The share capital increased by 122,621 shares from 9,239,992 to 9,362,633 and now amounts to CHF 1,217,142.29. This relates to employee's and director's compensations from previous years, that were agreed upon at previous annual general meetings. LION E-Mobility AG received a total of CHF 15,943.33 in cash and cash equivalents equivalent to the nominal value of the newly created shares.
About LION E-Mobility The company owns 100% of the German Lion Smart GmbH, a developer of battery packs and battery management systems. LION Smart also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a successful joint venture with TÜV SÜD AG. LION E-Mobility AG is also 100% owner of LION E-Mobility North America Inc. Contact Alessio Basteri Chairman of the Board LION E-Mobility Investor Relations Sebastian Duering Telefon: +49 221 94991871 End of Media Release Issuer: LION E-Mobility AG Key word(s): Finance
28.10.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
| 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: | [email protected] |
| 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: | 1143706 |
| End of News | DGAP Media |
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1143706 28.10.2020
