3 January 2025
Gelion plc
("Gelion" or the "Company" or the "Group")
Directors' Participation in Fundraising
Total Voting Rights
Gelion (AIM: GELN) the Anglo-Australian battery innovator, is pleased to confirm that, further to the Company's announcement on 18 December 2024, the Directors' Intended Participation has now been effected and the following Directors have subscribed for a total of 1,033,334 New Ordinary Shares at the Issue Price of 15 pence each.
| Director | New Ordinary Shares Subscribed For | Total Number of Ordinary Shares Held | % of Enlarged Issued Share Capital |
| Steve Mahon | 166,667.00 | 1,992,782.00 | 1.34% |
| Thomas Maschmeyer | 333,333.00 | 17,651,781.00 | 11.89% |
| Joycelyn Morton | 166,667.00 | 496,572.00 | 0.33% |
| Michael Davie | 166,667.00 | 1,199,252.00 | 0.81% |
| John Wood | 166,667.00 | 506,333.00 | 0.34% |
| Amit Gupta | 33,333.00 | 143,810.00 | 0.10% |
Accordingly, the Company has raised an additional £155,000, taking the total gross proceeds of the Fundraising to approximately £1.86 million through the successful placing of, and subscription for, a total of 12,431,171 New Ordinary Shares.
Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the New Ordinary Shares will commence on AIM, at 8.00 a.m. on 8 January 2025. The Enlarged Issued Share Capital, as increased by the New Ordinary Shares, immediately following Admission (and excluding any issues of shares pursuant to the exercise of any employee share incentives or options between the date of this Announcement and Admission) will be 148,441,774 Ordinary Shares.
The New Ordinary Shares, when issued, will be credited as fully paid and will rank on Admission 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 18 December 2024.
CONTACTS
| Gelion plc John Wood, CEO Amit Gupta, CFO Thomas Maschmeyer, Founder and Principal Technology Advisor
| via Alma |
| Cavendish Capital Markets Limited (Nominated Adviser, Joint Broker and UK Retail Offer Coordinator) | +44 207 220 0500 |
| Corporate Finance Neil McDonald Seamus Fricker Adam Rae
ECM/Sales Louise Talbot Graham Hall
| |
| Oberon (Joint Broker) Nick Lovering / Mike Seabrook
| +44 20 3179 5300 |
| Alma (Financial PR Adviser) Justine James Hannah Campbell Will Ellis Hancock | +44 20 3405 0205 gelion@almastrategic.com |
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | Steve Mahon | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chair | ||||
| 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 0.1 pence each
GB00BNBQZD59 | ||||
| b) | Nature of the transaction | Conditional agreement to subscribe for ordinary shares of 0.1 pence each | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | Thomas Maschmeyer | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Founder and Principal Technology Advisor | ||||
| 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 0.1 pence each
GB00BNBQZD59 | ||||
| b) | Nature of the transaction | Conditional agreement to subscribe for ordinary shares of 0.1 pence each | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | Joycelyn Morton | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | 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 0.1 pence each
GB00BNBQZD59 | ||||
| b) | Nature of the transaction | Conditional agreement to subscribe for ordinary shares of 0.1 pence each | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | Michael Davie | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | 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 0.1 pence each
GB00BNBQZD59 | ||||
| b) | Nature of the transaction | Conditional agreement to subscribe for ordinary shares of 0.1 pence each | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | John Wood | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO | ||||
| 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 0.1 pence each
GB00BNBQZD59 | ||||
| b) | Nature of the transaction | Conditional agreement to subscribe for ordinary shares of 0.1 pence each | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | Amit Gupta | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CFO | ||||
| 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 0.1 pence each
GB00BNBQZD59 | ||||
| b) | Nature of the transaction | Conditional agreement to subscribe for ordinary shares of 0.1 pence each | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
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