Brief: Leclanche Says Resolution To Reduce Nominal Value Of Shares From CHF 1.50 To CHF 0.10 Was Not Approved By Majority Of Shareholders

Leclanche SA

10/05/2019 01:27

May 9 (Reuters) - Leclanche SA  LECN.S :
    * RESOLUTION TO REDUCE NOMINAL VALUE OF SHARES FROM CHF 1.50
TO
CHF 0.10 WAS NOT APPROVED BY MAJORITY OF SHAREHOLDERS
    * BOARD WILL REVIEW OPTIONS TO RESTRUCTURE BALANCE SHEET AS
A
MATTER OF PRIORITY
    * SHAREHOLDERS APPROVED ALL BUT ONE OF PROPOSALS OF BOARD AT
2019
ANNUAL GENERAL MEETING (EGM) HELD TODAY IN YVERDON-LES-BAINS

Source text for Eikon:  ID:nEQ6cy5HPa 
Further company coverage:  LECN.S 

 ((Reuters.Briefs@thomsonreuters.com;))