iQ Power Licensing AG 760 0 Kommentare Purchase of further Convertible Bonds

Business news for the stock market

Zug (pta030/04.04.2017/17:45) - ,

* CEO purchases further EUR 50,000 of Convertible Bonds
* The CEO has recently acquired bonds worth a total of EUR 200,000
* This underscores the confidence of the overall positive developments

Zug, Switzerland, 04 April 2017 - iQ Power Licensing AG (ISIN: CH0268536338; WKN/Security Number: A14M1C; Symbol: IQL) a developer and marketer of technologies for environmentally friendly and technologically innovative starter batteries for motor vehicles and licenses in these technologies, announces that the CEO of iQ Power Licensing, Bob Sullivan, has purchased more convertible bonds of the company from a private investor. CEO Sullivan purchased bonds of iQ Power Licensing AG worth EUR 50,000 at a premium to nominal value. As a result, the CEO has recently acquired bonds worth a total of EUR 200,000. As a result of this purchase Bob Sullivan underscores again his confidence of the overall positive developments of iQ Power Licensing.

About the iQ Power Technology
Batteries with iQ Power technology are designed to generate better performance in Start-Stop applications and to meet the growing demands of electronic usage in vehicles today, is the first significant innovation to the flooded starter battery in decades. Automatic mixing of electrolyte inside the battery ensures uniform acid density for higher sustained performance throughout the entire life of the battery. This prolongs plate life by eliminating acid stratification and thermal gradients, delivering greater material utilization for a lower cost per cycle over conventional batteries. The patented technology was awarded the coveted Automechanika innovation award 1st prize in 2010.

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emitter: iQ Power Licensing AG
address: Metallstrasse 6, 6304 Zug
country: Switzerland
contact person: Dr. Eva Reuter
phone: +49 251 9801560
e-mail: e.reuter@dr-reuter.eu
website: www.iqpower.com