REG - Gelion PLC - Directors' Participation in Fundraising
03/01/2025 07:00
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RNS Number : 9833R Gelion PLC 03 January 2025
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 via Alma
John Wood, CEO
Amit Gupta, CFO
Thomas Maschmeyer, Founder and Principal Technology Advisor
Cavendish Capital Markets Limited (Nominated Adviser, Joint Broker and UK +44 207 220 0500
Retail Offer Coordinator)
Corporate Finance
Neil McDonald
Seamus Fricker
Adam Rae
ECM/Sales
Louise Talbot
Graham Hall
Oberon (Joint Broker) +44 20 3179 5300
Nick Lovering / Mike Seabrook
Alma (Financial PR Adviser) +44 20 3405 0205
Justine James gelion@almastrategic.com
Hannah Campbell
Will Ellis Hancock
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 Ordinary shares of 0.1 pence each
Identification code
GB00BNBQZD59
b) Nature of the transaction Conditional agreement to subscribe for ordinary shares of 0.1 pence each
c) Price(s) and volume(s) Price(s) Volume(s)
15 p 166,667
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 2 January 2025
f) Place of the transaction London Stock Exchange, AIM
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 Ordinary shares of 0.1 pence each
Identification code
GB00BNBQZD59
b) Nature of the transaction Conditional agreement to subscribe for ordinary shares of 0.1 pence each
c) Price(s) and volume(s) Price(s) Volume(s)
15 p 333,333
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 2 January 2025
f) Place of the transaction London Stock Exchange, AIM
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 Ordinary shares of 0.1 pence each
Identification code
GB00BNBQZD59
b) Nature of the transaction Conditional agreement to subscribe for ordinary shares of 0.1 pence each
c) Price(s) and volume(s) Price(s) Volume(s)
15 p 166,667
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 2 January 2025
f) Place of the transaction London Stock Exchange, AIM
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 Ordinary shares of 0.1 pence each
Identification code
GB00BNBQZD59
b) Nature of the transaction Conditional agreement to subscribe for ordinary shares of 0.1 pence each
c) Price(s) and volume(s) Price(s) Volume(s)
15 p 166,667
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 2 January 2025
f) Place of the transaction London Stock Exchange, AIM
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 Ordinary shares of 0.1 pence each
Identification code
GB00BNBQZD59
b) Nature of the transaction Conditional agreement to subscribe for ordinary shares of 0.1 pence each
c) Price(s) and volume(s) Price(s) Volume(s)
15 p 166,667
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 2 January 2025
f) Place of the transaction London Stock Exchange, AIM
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 Ordinary shares of 0.1 pence each
Identification code
GB00BNBQZD59
b) Nature of the transaction Conditional agreement to subscribe for ordinary shares of 0.1 pence each
c) Price(s) and volume(s) Price(s) Volume(s)
15 p 33,333
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 2 January 2025
f) Place of the transaction London Stock Exchange, AIM
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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