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RNS Number : 8870W Gelion PLC 14 December 2023
14 December 2023
Gelion plc
("Gelion" or the "Company" or the "Group")
Posting of Annual Report and Notice of GM
Gelion (AIM: GELN), the Anglo-Australian battery innovator, has today
published and posted its Annual Report & Accounts for the year ended 30
June 2023 to shareholders.
The General Meeting, at which the receipt of the report and accounts and the
reappointment of the Company's auditors, BDO LLP, will be put to shareholders,
will be held at 9am (GMT) on Tuesday, 16 January 2024 at the offices of
Cavendish at One Bartholomew Close, London EC1A 7BL.
Copies of the Annual Report, Notice of General Meeting and other documents 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 General Meeting remotely should register
for the event in advance by contacting gelion@almastrategic.com
(mailto:gelion@almastrategic.com) .
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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