Leclanché wants to increase its authorised and conditional capital to support its growth plans, according to a press release. The shareholders approved all the resolutions related to this at its recent Annual General Meeting. Jim Atack, chairman of Leclanché, thanked the shareholders for their continuous support, adding that the company will soon raise the capital needed to deliver on its growth plan.
Newly elected board member David Anthony Ishag sees 2016 as a time when “the market opportunities are extremely promising”. He replaces Bryan Urban, who stepped down from the board to manage the North American subsidiary.
CEO Anil Srivastava spoke about the company’s future, saying he is optimistic that Leclanché will secure and deliver more than 100 megawatts of energy storage systems in 2017.