6th May 2025 16:07
6 May 2025
Gelion plc
("Gelion" or the "Company")
Result of General Meeting, PDMR Dealings & Total Voting Rights
Gelion (AIM: GELN), the global energy storage innovator, announces that at its General Meeting held earlier today all proposed resolutions were duly passed. Voting results of the General Meeting can be found on the Company's website.
Further to the Company's announcement on 17 April 2025 and the passing of the resolutions at the General Meeting, the following Directors have subscribed for a total of 3,555,553 New Shares at the Issue Price of 9 pence per share.
Director | New Shares Subscribed For | Resultant Number of Ordinary Shares Held | % of Enlarged Share Capital |
Steve Mahon | 1,111,111 | 3,103,893 | 1.76% |
Graham Cooley | 1,666,666 | 2,333,332 | 1.32% |
John Wood | 277,777 | 784,110 | 0.44% |
Michael Davie | 277,777 | 1,477,029 | 0.84% |
Thomas Maschmeyer | 222,222 | 17,874,003 | 10.11% |
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for the 28,381,093 New Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the New Shares will commence on AIM, at 8.00 a.m. on or around 8 May 2025.
The Enlarged Share Capital, as increased by the New Shares, immediately following Admission will be 176,851,783, with no Ordinary Shares in treasury. Therefore, the total number of voting rights will also be 176,851,783. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The New Ordinary Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with each other and with the Existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.
Capitalised terms not otherwise defined in the text of this announcement have the meanings given in the Circular published on 17 April 2025.
Enquiries:
Gelion plc John Wood, CEOAmit Gupta, CFO Prof. Thomas Maschmeyer (Founder and Director) | via Alma |
Strand Hanson Limited (Nominated and Financial Adviser)Christopher Raggett / Rob Patrick | +44 (0) 20 7409 3494 |
Oberon Capital (Joint Broker) Nick Lovering / Mike Seabrook / Adam Pollock
| +44 (0) 20 3179 5300 |
Allenby Capital Limited (Joint Broker) Jos Pinnington / Guy McDougall (Sales and Corporate Broking) Alex Brearley / Ashur Joseph (Corporate Finance)
| +44 (0) 20 3328 5656 |
Alma Strategic Communications (Financial PR)Justine James / Hannah Campbell / Will Ellis Hancock | +44 (0) 20 3405 0205 [email protected] |
The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation, as it forms part of UK law.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
a) | Name: | a) Steve Mahon b) Graham Cooley c) John Wood d) Michael Davie e) Thomas Maschmeyer | ||||||||||||
2. | Reason for the notification | |||||||||||||
a) | Position/status: | a) Non-Executive Chair b) Non-Executive Director c) Chief Executive Offer d) Non-Executive Director e) Non-Executive Director | ||||||||||||
b) | Initial notification/Amendment: | Initial notification | ||||||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name: | Gelion plc | ||||||||||||
b) | LEI: | 2138008NC7YL3MCUDR84 | ||||||||||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 0.1p each ("Ordinary Shares") GB00BNBQZD59 | ||||||||||||
b) | Nature of the transaction: | Purchase of Ordinary Shares | ||||||||||||
c) | Price(s) and volume(s): |
| ||||||||||||
d) | Aggregated information: · Aggregated volume: · Price: | n/a | ||||||||||||
e) | Date of the transaction: | 6 May 2025 | ||||||||||||
f) | Place of the transaction: | London Stock Exchange, AIM | ||||||||||||
Related Shares:
Gelion