REG - Gelion PLC - Director/PDMR Shareholding - Grant of Options

GelionAnnouncement

Wed 11:45

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RNS Number : 8599G  Gelion PLC  30 April 2025

30 April 2025

Gelion PLC

("Gelion", the "Company" or the "Group")

Director/PDMR Shareholding - Grant of Options

Gelion plc (AIM: GELN), the global energy storage innovator, announces the
grant of options ("Options") to subscribe for new ordinary shares ("Ordinary
Shares") to Amit Gupta, Chief Financial Officer, in accordance with the terms
of the Group's Share Option Plan.

 

Mr Gupta was granted 283,402 Options on 30 April 2025 in recognition of his
contributions to the Group in FY24 (July 2023 to June 2024).  These Options
have an exercise price of 0.1 pence and are subject to vesting and exercise
conditions of the Share Option Plan as set out below. Following this grant,
the total number of Options held by Amit Gupta is 967,060.

Subsequent to this issue of Options, the Group has approximately 14.73 million
Options in issue, representing 9.9% of the Company's issued share capital.

Summary of terms of the Options

These Options are consistent with allocations granted to other executives of
the Company; they will vest in three equal tranches with the final vesting
on 31 August 2027, provided on each vesting date that Mr Gupta is in
continuous employment with Gelion. The Options expire, to the extent that
they have not been exercised, on 30 April 2035.

All Options are subject to both malus and clawback provisions and good and bad
leaver provisions. All unvested options will vest in certain corporate events
such as a takeover of the Company or a change of control. In these
circumstances the Options would normally vest and become exercisable in full
unless the Board decides that the Option will be pro-rated to take account of
the date the corporate event took place during the normal vesting period.

 

Enquiries:

 Gelion plc                                                                                                                                                                                                via Alma
 John Wood, CEO

Amit Gupta,
 CFO

 Prof. Thomas Maschmeyer (Founder and Director)
 Strand Hanson Limited (Nominated and Financial Adviser)                                                                                                                                                   +44 (0) 20 7409 3494

Christopher Raggett / Rob Patrick
 Oberon Capital (Broker)                                                                                                                                                                                   +44 (0) 20 3179 5300
 Nick Lovering / Mike Seabrook / Adam Pollock
 Allenby Capital Limited (Joint Broker and Retail Offer Coordinator)                                                                                                                                       +44 (0) 20 3328 5656

 Jos Pinnington / Guy McDougall (Sales and Corporate Broking)

 Alex Brearley / Ashur Joseph (Corporate Finance)
 Alma Strategic Communications (Financial PR)                                                                                                                                                              +44 (0) 20 3405 0205

Justine James / Hannah Campbell / Will Ellis Hancock                                                                                                                                                     gelion@almastrategic.com (mailto:gelion@almastrategic.com)

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:                                                         Amit Gupta
 2.    Reason for the notification
 a)    Position/status:                                              Chief Financial Officer (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 ("Ordinary Shares")

       Identification code:                                          GB00BNBQZD59
 b)    Nature of the transaction:                                    Grant of options over Ordinary Shares
 c)    Price(s) and volume(s):                                       Price(s)  Volume(s)
                                                                     0.1p      283,402
 d)    Aggregated information:                                       Single transaction as in 4 (c) above

       · Aggregated volume:

       · Price:
 e)    Date of the transaction:                                      30 April 2025
 f)    Place of the transaction:                                     Outside of a trading venue

d)

Aggregated information:

· Aggregated volume:

· Price:

Single transaction as in 4 (c) above

e)

Date of the transaction:

30 April 2025

f)

Place of the transaction:

Outside of a trading venue

 

 

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