TRADING UPDATES: Welnex sales drop, plans medicinal cannabis exit
20th Oct 2025 21:46
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Gelion PLC - London-based battery energy storage systems firm - Raises GBP10.0 million aggregate, before expenses, through issuing 50.0 million new shares at 20.0 pence each for a placing and subscription. Placing has raised GBP7.6 million gross with 38.0 million shares issued, and subscription has raised GBP2.4 million with the remaining 12.0 million shares. The retail offer announced on Thursday, to raise up to GBP500,000 with up to 2.5 million shares issued at 20.0p each, is ongoing. Gelion expects to close the retail offer on Thursday, October 23, before announcing the results on or around the following day. Says the placing, subscription and retail offer are conditional upon shareholders approving the relevant resolutions at the company's general meeting on November 5. Expects the new shares to be admitted to trading on AIM on or around November 7, and no later than November 17. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mixed on Friday, following a week of interest rate decisions that mostly went as expected, and after a much-anticipated phone conversation between US President Donald Trump and China's President Xi Jinping. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Gelion PLC on Friday said its UK subsidiary OXLiD Ltd has secured GBP533,000 in government grant funding to advance its lithium-sulfur battery technology in collaboration with defence and aerospace firm QinetiQ PLC. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Gelion PLC on Tuesday said it has begun work on a grant-backed project to develop its next-generation sulphur battery technology, calling it a "significant milestone" in its commercialisation effort. Read More
(Alliance News) - Gelion PLC on Tuesday said it has executed a materials testing deal with an unnamed tier-one battery manufacturer, following its agreement to the terms on Thursday last week. Read More
(Alliance News) - London stocks were mixed at midday on Tuesday, as the pound hit a seven-month high amid US dollar turmoil and UK firms halt plans for investment in anticipation of US tariff upheaval. Read More
Gelion PLC - London-based battery energy storage systems, with operations in UK and Australia - Raises GBP2.0 million, as planned, from the sale of 22.6 million new shares at 9 pence each in a placing and subscription. Gelion hopes to raise a further GBP191,390 from an offer at the same price to retail investors. The placing is run by Oberon Capital and Allenby Capital as joint bookrunners. Read More
Gelion PLC - London-based energy storage technology - Forms partnership with Max Planck Institute in Potsdam, Germany to develop "high-power, high-cycle life sulphur batteries with high energy densities". Gelion says the joint development plan brings together its own battery technology designs with Max Planck's nano-confined carbon/sulphur composite cathode and anode material technologies. "The board of Gelion believes that this collaboration aligns seamlessly with Gelion's sulfur battery strategy and significantly accelerates its pathway to commercialisation," it says. Read More
(Alliance News) - European equities edged slightly higher on Wednesday afternoon, but trade lacked impetus as investors await a US inflation report. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Gelion PLC shares climbed on Wednesday as it reported a breakthrough in its solid-state battery technology. Read More
(Alliance News) - Gelion PLC on Friday said it has made "significant progress" in its recent financial year, as it cut costs, but it still reported a wider pretax loss. Read More
(Alliance News) - The FTSE 100 index in London was called slightly lower on Friday, as investors digest holiday-season sales results in the US and UK. Read More