TIDMGELN

RNS Number : 3086V

Gelion PLC

01 December 2023

DEFINED TERMS IN THIS ANNOUNCEMENT SHALL HAVE THE SAME MEANING AS IN THE 'PROPOSED ACQUISITION, PROPOSED PLACING VIA ACCELERATED BOOKBUILD, SUBSCRIPTION AND RETAIL OFFER AND GENERAL MEETING' ANNOUNCEMENT, RELEASED ON 9 NOVEMBER, UNLESS OTHERWISE SPECIFIED.

Gelion PLC

("Gelion" or the "Company")

Director/PDMR Dealings

and

Total Voting Rights

Gelion (AIM: GELN), the Anglo-Australian battery innovator, announces that as detailed in the Company's Fundraising announcement on 9 November 2023, the following Directors of the Company have acquired in aggregate new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares"), at the Issue Price of 24.0 pence per share:

 
                                                                      Total number      Percentage 
                             Number of     Percentage    Number of     of Ordinary     of Enlarged 
                              Existing    of existing   New Shares     Shares held   Share Capital 
                              Ordinary   issued share   subscribed      on General      on General 
    Name                        Shares        capital          for       Admission      Admission* 
    Thomas Maschmeyer       16,755,948       15.46%        562,500      17,318,448        12.73% 
    Steve Mahon             1,513,615         1.40%        312,500      1,826,115         1.34% 
    Michael Davie           824,252           0.76%        208,333      1,032,585         0.76% 
    John Wood               48,000            0.04%        291,666       339,666          0.25% 
    Joycelyn Morton         121,572           0.11%        208,333       329,905          0.24% 
    Amit Gupta              15,000            0.01%        83,333         98,333          0.07% 
 

Total Voting Rights

As Admission has now taken place for all of the new Ordinary Shares to be issued pursuant to the Fundraising, the total number of Ordinary Shares in issue is now 135,998,459 with the Company holding no Ordinary Shares in treasury. Therefore the total number of voting rights is also 135,998,459. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

-Ends-

For further information:

 
  Gelion plc                                       via Alma 
   Steve Mahon, Chairman 
   John Wood, CEO 
   Thomas Maschmeyer, Founder and Principal 
   Technology Advisor 
  Cavendish Capital Markets Limited (Nominated 
   Adviser and Sole Broker)                        +44 207 220 0500 
  Corporate Finance 
   Neil McDonald 
   Seamus Fricker 
   Fergus Sullivan 
 
   ECM/Sales 
   Barney Hayward 
   Leif Powis 
   Graham Hall 
  Alma Strategic Communications                    +44 20 3405 0205 
   Justine James                                    gelion@almastrategic.com 
   Hannah Campbell 
   Will Ellis Hancock 
 
 

Notes to Editors

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(1) 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.

The notification below is made in accordance with the requirements of the EU regulation on market abuse which forms part of UK law by virtue of the European Union (Withdrawal) Act 2018.

 
            1.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Steve Mahon 
                -------------------------------  ---------------------------------- 
            2.   Reason for the Notification 
                ------------------------------------------------------------------- 
 a)              Position/status                  Chairman 
                -------------------------------  ---------------------------------- 
 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               Ordinary shares of 0.1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BNBQZD59 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)             No. of Shares   Price 
                                                     312,500         GBP0.24 
                                                                    -------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          29 November 2023 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
                ------------------------------------------------------------------- 
 a)              Name                             John Wood 
                -------------------------------  ---------------------------------- 
            2.   Reason for the Notification 
                ------------------------------------------------------------------- 
 a)              Position/status                  Chief Executive Officer 
                -------------------------------  ---------------------------------- 
 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               Ordinary shares of 0.1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BNBQZD59 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)             No. of Shares   Price 
                                                     291,666         GBP0.24 
                                                                    -------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          9 November 2023 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 
 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Thomas Maschmeyer 
                -------------------------------  ---------------------------------- 
            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               Ordinary shares of 0.1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BNBQZD59 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)             No. of Shares   Price 
                                                     562,500         GBP0.24 
                                                                    -------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          9 November 2023 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 
 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
 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               Ordinary shares of 0.1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BNBQZD59 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)             No. of Shares   Price 
                                                     208,333         GBP0.24 
                                                                    -------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          9 November 2023 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 
 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
 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               Ordinary shares of 0.1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BNBQZD59 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)             No. of Shares   Price 
                                                     208,333         GBP0.24 
                                                                    -------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          9 November 2023 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 
 
 5.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Amit Gupta 
                -------------------------------  ---------------------------------- 
            6.   Reason for the Notification 
                ------------------------------------------------------------------- 
 a)              Position/status                  Chief Financial Officer 
                -------------------------------  ---------------------------------- 
 b)              Initial notification/Amendment   Initial notification 
                -------------------------------  ---------------------------------- 
 7.              Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                ------------------------------------------------------------------- 
 a)              Name                             Gelion plc 
                -------------------------------  ---------------------------------- 
 b)              LEI                              2138008NC7YL3MCUDR84 
                -------------------------------  ---------------------------------- 
 8.              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               Ordinary shares of 0.1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BNBQZD59 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)             No. of Shares   Price 
                                                     83,333          GBP0.24 
                                                                    -------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          9 November 2023 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 

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END

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December 01, 2023 02:00 ET (07:00 GMT)

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