Result of GM, PDMR Dealings & Total Voting Rights
Gelion plc announced on 5 November 2025 that all resolutions at its General Meeting were passed. Subsequently, Directors and Persons Discharging Managerial Responsibilities subscribed for 1,150,000 new shares at an issue price of 20 pence per share, indicating insider confidence. An application has been made for 52,500,000 new shares to be admitted to AIM on or around 7 November 2025. This will increase the total voting rights and enlarged share capital to 229,351,783, a figure shareholders should use for disclosure calculations. The new ordinary shares will rank equally with existing shares.
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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 16 October 2025 and the passing of the resolutions at the General Meeting, the following Directors/PDMR have subscribed for a total of 1,150,000 New Shares at the Issue Price of 20 pence per share.
| Steve Mahon | 125,000 | 3,228,893 | 1.41% |
| Graham Cooley | 625,000 | 3,175,000 | 1.38% |
| John Wood | 125,000 | 909,110 | 0.40% |
| Michael Davie | 125,000 | 1,620,577 | 0.71% |
| Thomas Maschmeyer | 50,000 | 17,924,003 | 7.82% |
| Joycelyn Morton | 75,000 | 589,571 | 0.26% |
| Louis Adriaenssens* | 25,000 | 25,000 | 0.01% |
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for the 52,500,000 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 7 November 2025.
The Enlarged Share Capital, as increased by the New Shares, immediately following Admission will be 229,351,783, with no Ordinary Shares in treasury. Therefore, the total number of voting rights will also be 229,351,783. 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 20 October 2025.
The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation, as it forms part of UK law.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | a) Steve Mahon b) Graham Cooley c) John Wood d) Michael Davie e) Thomas Maschmeyer f) Joycelyn Morton g) Louis Adriaenssens |
| 2. | Reason for the notification | |
| a) | Position/status: | a) Non-Executive Chair (Director) b) Non-Executive Director (Director) c) Chief Executive Offer (Director) d) Non-Executive Director (Director) e) Non-Executive Director (Director) f) Non-Executive Director (Director) g) Chief Technology Officer (PDMR) |
| b) | Initial notification/Amendment: | Initial notification |
| a) | Name: | Gelion plc |
| b) | LEI: | 2138008NC7YL3MCUDR84 |
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 0.1p each ("Ordinary Shares") GB00BNBQZD59 |
| b) | Nature of the transaction: | Purchase of new Ordinary Shares |
| c) | Price(s) and volume(s): | Price(s) Volume(s) a) 20p 125,000 b) 20p 625,000 c) 20p 125,000 d) 20p 125,000 e) 20p 50,000 f) 20p 75,000 g) 20p 25,000 |
| d) | Aggregated information: · Aggregated volume: · Price: | n/a, each a single transaction |
| e) | Date of the transaction: | 7 November 2025 |
| f) | Place of the transaction: | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.