REG - Gelion PLC - Director/PDMR Dealings and Total Voting Rights
01/12/2023 07:00
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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:
Name Number of Existing Ordinary Shares Percentage of existing issued share capital Number of New Shares subscribed for Total number of Ordinary Shares held on General Admission Percentage of Enlarged Share Capital on General 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 Financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code GB00BNBQZD59
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
No. of Shares Price
312,500 £0.24
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 Financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code GB00BNBQZD59
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
No. of Shares Price
291,666 £0.24
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)
d)
Aggregated information:
· Aggregated volume
· Price
See above
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 Financial instrument, type of instrument
Ordinary shares of 0.1p each
Identification code
GB00BNBQZD59
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
No. of Shares Price
291,666 £0.24
d)
Aggregated information:
· Aggregated volume
· Price
See above
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 Financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code GB00BNBQZD59
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
No. of Shares Price
562,500 £0.24
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)
d)
Aggregated information:
· Aggregated volume
· Price
See above
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 Financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code GB00BNBQZD59
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
No. of Shares Price
208,333 £0.24
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)
d)
Aggregated information:
· Aggregated volume
· Price
See above
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 Financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code GB00BNBQZD59
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
No. of Shares Price
208,333 £0.24
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)
d)
Aggregated information:
· Aggregated volume
· Price
See above
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 Financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code GB00BNBQZD59
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
No. of Shares Price
83,333 £0.24
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)
d)
Aggregated information:
· Aggregated volume
· Price
See above
e)
Date of the transaction
9 November 2023
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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