LION E-Mobility AG implements limited capital increase

28.10.2020

Baar (CH) – 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.

Contact

Alessio Basteri

Chairman of the Board

LION E-Mobility Investor Relations

Sebastian Duering

Telefon: +49 221 94991871

Mobil: +49 151 58204309

E-Mail: ir@lionemobility.com