TIDMGELN
RNS Number : 3086V
Gelion PLC
01 December 2023
DEFINED TERMS IN THIS ANNOUNCEMENT SHALL HAVE THE SAME MEANING
AS IN THE 'PROPOSED ACQUISITION, PROPOSED PLACING VIA ACCELERATED
BOOKBUILD, SUBSCRIPTION AND RETAIL OFFER AND GENERAL MEETING'
ANNOUNCEMENT, RELEASED ON 9 NOVEMBER, UNLESS OTHERWISE
SPECIFIED.
Gelion PLC
("Gelion" or the "Company")
Director/PDMR Dealings
and
Total Voting Rights
Gelion (AIM: GELN), the Anglo-Australian battery innovator,
announces that as detailed in the Company's Fundraising
announcement on 9 November 2023, the following Directors of the
Company have acquired in aggregate new ordinary shares of 0.1 pence
each in the Company ("Ordinary Shares"), at the Issue Price of 24.0
pence per share:
Total number Percentage
Number of Percentage Number of of Ordinary of Enlarged
Existing of existing New Shares Shares held Share Capital
Ordinary issued share subscribed on General on General
Name Shares capital for Admission Admission*
Thomas Maschmeyer 16,755,948 15.46% 562,500 17,318,448 12.73%
Steve Mahon 1,513,615 1.40% 312,500 1,826,115 1.34%
Michael Davie 824,252 0.76% 208,333 1,032,585 0.76%
John Wood 48,000 0.04% 291,666 339,666 0.25%
Joycelyn Morton 121,572 0.11% 208,333 329,905 0.24%
Amit Gupta 15,000 0.01% 83,333 98,333 0.07%
Total Voting Rights
As Admission has now taken place for all of the new Ordinary
Shares to be issued pursuant to the Fundraising, the total number
of Ordinary Shares in issue is now 135,998,459 with the Company
holding no Ordinary Shares in treasury. Therefore the total number
of voting rights is also 135,998,459. 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.
-Ends-
For further information:
Gelion plc via Alma
Steve Mahon, Chairman
John Wood, CEO
Thomas Maschmeyer, Founder and Principal
Technology Advisor
Cavendish Capital Markets Limited (Nominated
Adviser and Sole Broker) +44 207 220 0500
Corporate Finance
Neil McDonald
Seamus Fricker
Fergus Sullivan
ECM/Sales
Barney Hayward
Leif Powis
Graham Hall
Alma Strategic Communications +44 20 3405 0205
Justine James gelion@almastrategic.com
Hannah Campbell
Will Ellis Hancock
Notes to Editors
About Gelion
Gelion ("gel: ion") is a global -energy storage innovator,
supporting the transition to a more sustainable economy by
commercialising two globally important next generation
technologies: Lithium-Sulfur (LiS) and Zinc-based (Zn) hybrid cells
to electrify mobile and stationary applications. Gelion plc (the
Group) is listed on the London Stock Exchange's Alternative
Investment Market and wholly owns Australia based Gelion
Technologies Pty Ltd. Gelion is designing and delivering innovative
battery technology to enable that transition and return value for
its customers and investors.
Lithium Sulfur
Gelion's effort is directed at the potential for the LiS
chemistry to deliver double the gravimetric energy density of
standard Lithium-ion chemistries whilst at the same time reducing
cost and increasing safety targeting the EV and e-aviation market,
helping to make global transport, energy consumption and storage
more sustainable.
Gelion is developing a product for its high energy density
sulfur cathode at its expanded R&D facilities in Sydney,
enabling it to integrate with a variety of anodes ranging from
graphite to silicon to lithium metal, depending on the targeted
application.
Gelion recently also expanded in the UK(1) by acquiring OXLiD
Ltd, significantly increasing Gelion's capability in cathode
improvement thereby accelerating path to commercial partners and
commercialisation.
Zinc
Gelion is adapting its zinc technology to comprise an alternate
cathode technology, a zinc hybrid cell to develop complementary
next-generation batteries for the lead-acid eco-system. Early
testing indicates that this solution has the potential to maintain
good energy density levels with enhanced cost and safety aspects.
Once fully developed, Gelion intends for our zinc technology to
provide a durable and sustainable market extension within the
ecosystem that supports lead-acid batteries.
The notification below is made in accordance with the
requirements of the EU regulation on market abuse which forms part
of UK law by virtue of the European Union (Withdrawal) Act
2018.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Steve Mahon
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Chairman
------------------------------- ----------------------------------
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 Ordinary shares of 0.1p each
Financial instrument,
type of instrument
Identification code GB00BNBQZD59
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) No. of Shares Price
312,500 GBP0.24
--------
------------------------------- ----------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 29 November 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
-------------------------------------------------------------------
a) Name John Wood
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------- ----------------------------------
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 Ordinary shares of 0.1p each
Financial instrument,
type of instrument
Identification code GB00BNBQZD59
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) No. of Shares Price
291,666 GBP0.24
--------
------------------------------- ----------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 9 November 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Thomas Maschmeyer
------------------------------- ----------------------------------
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 Ordinary shares of 0.1p each
Financial instrument,
type of instrument
Identification code GB00BNBQZD59
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) No. of Shares Price
562,500 GBP0.24
--------
------------------------------- ----------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 9 November 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
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 Ordinary shares of 0.1p each
Financial instrument,
type of instrument
Identification code GB00BNBQZD59
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) No. of Shares Price
208,333 GBP0.24
--------
------------------------------- ----------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 9 November 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
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 Ordinary shares of 0.1p each
Financial instrument,
type of instrument
Identification code GB00BNBQZD59
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) No. of Shares Price
208,333 GBP0.24
--------
------------------------------- ----------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 9 November 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
5. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Amit Gupta
------------------------------- ----------------------------------
6. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------- ----------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ----------------------------------
7. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Gelion plc
------------------------------- ----------------------------------
b) LEI 2138008NC7YL3MCUDR84
------------------------------- ----------------------------------
8. 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 Ordinary shares of 0.1p each
Financial instrument,
type of instrument
Identification code GB00BNBQZD59
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) No. of Shares Price
83,333 GBP0.24
--------
------------------------------- ----------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 9 November 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHDDBDBRDXDGXG
(END) Dow Jones Newswires
December 01, 2023 02:00 ET (07:00 GMT)
Gelion (LSE:GELN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Gelion (LSE:GELN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024
