Result of GM, PDMR Dealings & Total Voting Rights
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your GELN notes
Gelion (AIM: GELN), the global energy storage innovator, announces that at its General Meeting held earlier today all proposed resolutions were duly passed. Voting results of the General Meeting can be found on the Company's website.
Further to the Company's announcement on 17 April 2025 and the passing of the resolutions at the General Meeting, the following Directors have subscribed for a total of 3,555,553 New Shares at the Issue Price of 9 pence per share.
| Director | New Shares Subscribed For | Resultant Number of Ordinary Shares Held | % of Enlarged Share Capital |
|---|---|---|---|
| Steve Mahon | 1,111,111 | 3,103,893 | 1.76% |
| Graham Cooley | 1,666,666 | 2,333,332 | 1.32% |
| John Wood | 277,777 | 784,110 | 0.44% |
| Michael Davie | 277,777 | 1,477,029 | 0.84% |
| Thomas Maschmeyer | 222,222 | 17,874,003 | 10.11% |
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for the 28,381,093 New Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the New Shares will commence on AIM, at 8.00 a.m. on or around 8 May 2025.
The Enlarged Share Capital, as increased by the New Shares, immediately following Admission will be 176,851,783, with no Ordinary Shares in treasury. Therefore, the total number of voting rights will also be 176,851,783. 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.
Capitalised terms not otherwise defined in the text of this announcement have the meanings given in the Circular published on 17 April 2025.
- Details of the person discharging managerial responsibilities/person closely associated
- Name: a) Steve Mahon b) Graham Cooley c) John Wood d) Michael Davie e) Thomas Maschmeyer
- Reason for the notification
- Position/status: a) Non-Executive Chair b) Non-Executive Director c) Chief Executive Offer d) Non-Executive Director e) Non-Executive Director
- Initial notification/Amendment: Initial notification
- Name: Gelion plc
- LEI: 2138008NC7YL3MCUDR84
- Description of the financial instrument, type of instrument: Identification code: Ordinary shares of 0.1p each ("Ordinary Shares") GB00BNBQZD59
- Nature of the transaction: Purchase of Ordinary Shares
- Price(s) and volume(s): Price(s) Volume(s) a) 9p 1,111,111 b) 9p 1,666,666 c) 9p 277,777 d) 9p 277,777 e) 9p 222,222
- Aggregated information: · Aggregated volume: · Price: n/a
- Date of the transaction: 6 May 2025
- Place of the transaction: London Stock Exchange, AIM
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.