REG - Gelion PLC - Result of Placing and Subscription

GelionAnnouncement

Yesterday 10:45

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RNS Number : 8592D  Gelion PLC  17 October 2025

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE
REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT
JURISDICTION. THIS ANNOUNCEMENT SHOULD BE READ IN ITS ENTIRETY. FURTHER
DETAILS OF THE FUNDRAISING ARE SET OUT BELOW.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN
OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR
OR OTHERWISE ACQUIRE ANY NEW SHARES OF GELION PLC.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE
MARKET ABUSE REGULATION NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED ("MAR"). UPON
THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.

UNLESS OTHERWISE DEFINED, CAPITALISED TERMS USED HEREIN SHALL HAVE THE
MEANINGS GIVEN TO THEM IN THE COMPANY'S ANNOUNCEMENT PUBLISHED AT APPRXOMATELY
4.43 P.M. (BST) YESTERDAY, 16 OCTOBER 2025.

17 October 2025

Gelion plc
("Gelion" or the "Company")

Result of Placing and Subscription

and

Posting of Circular and Notice of General Meeting

Gelion plc (AIM: GELN), the global energy storage innovator, is pleased to
announce that, further to its announcement published yesterday at 4.43 p.m. in
respect of the Fundraising, the Company has raised an aggregate of £10.0
million (before expenses) by way of the issue of 50,000,000 New Shares,
pursuant to the Placing and Subscription.

The Placing raised gross proceeds of £7.6 million through the issue of
37,972,000 Placing Shares and the Subscription raised gross proceeds of £2.4
million through the issue of 12,028,000 Subscription Shares.

As part of the Fundraising, the Company also announced details of a Retail
Offer to be made to existing Shareholders and new Retail Investors to raise up
to an additional maximum of £0.5 million through the issue of up to 2,500,000
Retail Offer Shares, at the Issue Price. The Retail Offer is being conducted
via Winterflood Retail Access Platform ("WRAP"). The Retail Offer is expected
to close at 4.30 p.m. (BST) on 23 October 2025, and the results of the Retail
Offer will be announced on or around 24 October 2025.

Posting of Circular and Notice of General Meeting

The Placing, Subscription and Retail Offer are each conditional, inter alia,
upon Shareholders approving the Resolutions at the General Meeting which is
expected to be held on 5 November 2025. The Circular, which contains the
Notice of General Meeting in respect of the Fundraising, is expected to be
posted to Shareholders by 20 October 2025 and will also be available on the
Company's website at www.gelion.com.

Directors' Participation

Details of the Directors' participation in the Fundraising is set out as
follows:

 Director                 Number of Existing Ordinary Shares  Number of New Shares subscribed for  Total number of Ordinary Shares held on Admission  Percentage of Enlarged Share Capital on Admission*
 Prof. Thomas Maschmeyer   17,874,003                         50,000                                17,924,003                                        7.82%
 Dr Steve Mahon            3,103,893                          125,000                               3,228,893                                         1.41%
 Dr Graham Cooley          2,550,000                          625,000                               3,175,000                                         1.38%
 Michael Davie             1,495,577                          125,000                               1,620,577                                         0.71%
 John Wood                 784,110                            125,000                               909,110                                           0.40%
 Joycelyn Morton           514,571                            75,000                                589,571                                           0.26%

*Assuming the Retail Offer is subscribed in full.

Related Party Transaction

The above Directors' participation in the Fundraising constitutes a related
party transaction pursuant to Rule 13 of the AIM Rules by virtue of their
status as Directors of the Company. The independent director of the Company
for the purposes of the Fundraise, Amit Gupta, having consulted with the
Company's Nominated Adviser, Strand Hanson, considers the terms of the
Directors' participation in the Fundraising to be fair and reasonable insofar
as the Shareholders are concerned.

Admission

Application will be made for the New Shares to be issued pursuant to the
Fundraising to be admitted to trading on AIM, which is expected to take place
at 8.00 a.m. on or around 7 November 2025 (or such later date as the Company,
Oberon, Allenby and Strand Hanson may agree, but in any event not later than
8.00 a.m. on 17 November 2025).

CONTACTS

 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 / Harry Marshall
 Oberon Capital (Joint Broker)                                  +44 (0) 20 3179 5300
 Nick Lovering / Mike Seabrook / Adam Pollock

 Allenby Capital Limited (Joint Broker)                         +44 (0) 203 002 2073

 Jos Pinnington / Lauren Wright (Sales and Corporate Broking)

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

Justine James / Hannah Campbell / Rose Docherty               gelion@almastrategic.com (mailto:gelion@almastrategic.com)

 

 

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