Gelion plc
("Gelion" or the "Company")
Block Admission Return
The Company provides the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements:
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a |
Name of company
|
Gelion plc |
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b |
Name of scheme
|
Gelion plc scheme: Shares
Existing Share Option Plan 8,100,000
|
|
c |
Period of return (from/ to)
|
26 January 2022 to 26 July 2022 |
|
d |
Number and Class of Securities not issued at the start of the period under the scheme |
8,100,000 ordinary shares of 0.1p each |
|
e |
Additional listing |
Nil |
|
f |
Number of securities issued under the scheme during the period
|
Shares Existing Share Option Plan 111,000 |
|
g |
Balance under the scheme of securities not yet issued at the end of the period
|
Shares Existing Share Option Plan 7,989,000
|
|
h |
Number and class of securities originally admitted and the date of admission |
8,100,000 ordinary shares of 0.1p each
|
|
i |
Contact name - Company Telephone number
Contact name - finnCap Ltd Telephone number |
Amit Gupta 020 7749 2640 Christopher Raggett 020 7220 0500 |
CONTACTS
|
Gelion plc Hannah McCaughey, CEO Thomas Maschmeyer, Founder and Principal Technology Advisor |
via Alma PR |
|
finnCap Ltd (Nominated Adviser and Sole Broker) |
+44 207 220 0500 |
|
Christopher Raggett (Corporate Finance) Seamus Fricker (Corporate Finance) Fergus Sullivan (Corporate Finance) Barney Hayward (ECM)
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|
|
Alma PR (Financial PR Adviser) Justine James Josh Royston Hannah Campbell
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+44 20 3405 0205 gelion@almapr.co.uk |
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About Gelion plc
Gelion ("gel: ion") is a global renewable-energy storage innovator. By designing and manufacturing the world's best batteries for stationary and mobile energy, we support the transition to a sustainable economy while delivering value for customers and investors.
Stationary storage - Gelion Endure: the sustainable energy storage solution
Gelion has developed patented technology for a breakthrough zinc-bromide battery to support the transition to a carbon neutral economy by 2050. The technology is a low-cost, robust, safe and recyclable alternative to lithium-ion and lead-acid batteries making them ideally suited for the expanding energy storage market.
Gelion's zinc-bromide gel battery uses non-flow technology, which is scalable, can deliver 100% depth of discharge and has a higher temperature tolerance and longer duration discharge than competing lead-acid and lithium-ion batteries. With applications at grid scale as well as in agriculture, mining, water management and irrigation the battery is also highly adaptable for off-grid use.
Mobile storage - Tomorrow's transport systems will rely on mobile renewable energy.
Gelion is also developing performance additives to improve the safety, longevity and energy density of lithium-based batteries for mobile applications. Using nanotechnology, Gelion's lithium-silicon and lithium-sulfur additives will help power the EV and e-aviation markets.
Gelion was spun-out from the University of Sydney in 2015 by Professor Thomas Maschmeyer, one of the world's leading chemists, Fellow of the Australian Academy of Science and recipient of the Australian Prime Minister's Prize for Innovation 2020, that country's highest honour for scientific entrepreneurship.
The Company's ESG credentials are strongly aligned to six of the UN's 17 Sustainable Development Goals.
Gelion's shares are listed on the AIM market of the London Stock Exchange and it received the Green Economy Mark at IPO in November 2022 recognising its commitment to energy transition.
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