LION E-Mobility AG, founded in 2011, is a Swiss holding company with strategic investments in the e-mobility sector, in particular in the field of electrical energy storage and lithium-ion battery system technology. The company is based in Switzerland, in the canton of Zug.
The company holds all shares in 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 joint venture with TÜV SÜD AG. LION E-Mobility AG is also sole shareholder of LION E-Mobility North America Inc.
LION E-Mobility AG shares are traded over-the-counter on the following German stock exchanges:
The over-the-counter trading does not result in any legal obligations to create group or half year reports. However, the company has committed itself to the M: access rules. It is therefore obliged to publish a report six months after the publication of the annual financial statements, containing the information relevant to the valuation of the shares, to provide a business calendar and to participate annually in at least one of the analysts’ conferences held by the Munich Stock Exchange or a third party or to present key financial figures and the current business development in a comparable form during the year.
Due to its inclusion in over-the-counter trading, the company and the members of its executive bodies are subject to the disclosure requirements of the Market Abuse Regulation. The company is therefore inter alia obliged to publish an ad hoc announcement immediately in the event of significant price-sensitive events.
The reporting obligations of LION E-Mobility AG arise from the relevant legal provisions of Switzerland.
For LION E-Mobility AG, these arise exclusively from the accounting provisions of Part 5 of the Swiss Code of Obligations (OR).In addition to these regulations, LION E-Mobility AG also observes the regulations of SWISS GAAP FER (Expert Commission on Accounting Recommendations) in its reporting.
Due to the size criteria, LION E-Mobility AG is obliged to report once a year on the past financial year. There is no obligation to prepare consolidated financial statements.
In the interest of the shareholders, the management of LION E-Mobility AG and LION Smart GmbH has undertaken to report regularly on the net assets, financial position and results of operations of the companies in addition to the statutory requirements.
On a voluntary basis, LION E-Mobility AG prepares consolidated financial statements in accordance with IFRS (International Financial Reporting Standards), which are audited by the elected auditing firm. Only those annual financial statements provide our shareholders with an overall view of the LION Group. The consolidated financial statements include LION E-Mobility AG, LION Smart GmbH, LION E-Mobility Inc. and pro rata TÜV SÜD Battery Testing GmbH.
LION Smart GmbH, as the most important operating company in the LION Group, reports at the end of each quarter on the current business development.
All consolidated and annual financial statements and reports are available on the company’s website at the time of publication.
LION E-Mobility AG
Tel.: +41 (0) 41 500 54 11
LION Smart GmbH