REG - Gelion PLC - Notice of Results and AGM

GelionAnnouncement

29/11/2023 07:15

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RNS Number : 9650U  Gelion PLC  29 November 2023

 

29 November 2023

Gelion plc

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

 

Notice of Results and AGM

 

Gelion (AIM: GELN), the Anglo-Australian battery innovator, will announce its
full year results for the year ended 30 June 2023 on Tuesday, 12 December
2023.

 

The Group also announces it will be holding its Annual General Meeting (AGM)
at 9am on Thursday, 21 December 2023 at the offices of Cavendish Capital
Markets Limited, 1 Bartholomew Close, London, EC1A 7BL.

 

The annual report and accounts of the Company for the financial year ended 30
June 2023 will not be laid before the shareholders at the AGM. The Company's
annual report and accounts are being finalised due to delays associated with
the Company's recently announced acquisition and fundraise and this will also
be published on 12 December 2023.

 

Accordingly, a separate General Meeting will be convened before the end of
January 2024, at which the receipt of the report and accounts and the
reappointment of the auditors, BDO LLP will be put to shareholders.

 

The notice of AGM on 21 December 2023 can be viewed and downloaded from the
Company's website: https://gelion.com/investors/documents-notices/
(https://gelion.com/investors/documents-notices/)

 

Shareholders who wish to attend the AGM remotely should register for the event
in advance by contacting gelion@almastrategic.com (mailto:gelion@almapr.co.uk)
.

 

 

CONTACTS

 

 Gelion plc                                                        via Alma

 John Wood, CEO

 Amit Gupta, CFO

 Thomas Maschmeyer, Founder and Principal Technology Advisor

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)  +44 207 220 0500
 Corporate Finance

 Neil McDonald

 Seamus Fricker

 Fergus Sullivan

 ECM

 Barney Hayward

 Alma Strategic Communications                                     +44 20 3405 0205

 Justine James                                                     gelion@almastrategic.com

 Hannah Campbell

 Will Ellis Hancock

 

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 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.

 

 

 

 

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