Brief: Gelion Announces Proposed Placing Via Accelerated Bookbuild, Subscription And Retail Offer

Gelion

09/11/2023 07:23

Nov 9 (Reuters) - Gelion PLC  GELN.L :
    * GELION PLC  - ACQUISITION, PLACING, RETAIL OFFER AND GM
    * GELION PLC - PROPOSED PLACING VIA ACCELERATED BOOKBUILD,
SUBSCRIPTION AND RETAIL OFFER
    * GELION PLC - CONDITIONALLY AGREED TO ACQUIRE ENTIRE ISSUED
SHARE
CAPITAL OF OXLID FOR AN AGGREGATE CONSIDERATION OF UP TO
APPROXIMATELY £4.2 MILLION
    * GELION PLC - ANNOUNCES A PROPOSED EQUITY FUNDRAISING OF UP
TO
ABOUT £4.5 MILLION

Source text for Eikon:  ID:nRSI9245Sa 
Further company coverage:  GELN.L