Director/PDMR Shareholding - Grant of Options
Gelion plc announced the grant of 284,015 share options to Chief Financial Officer Amit Gupta, with an exercise price of 0.1 pence, as recognition for his FY25 contributions. These options, subject to vesting conditions and expiring in December 2035, bring Mr. Gupta's total options to 1,251,075. The company currently has approximately 16.69 million options outstanding, representing 7.3% of its issued share capital.
Select text to share a quote on X · sign in to keep highlights & notes in your GELN notes
Gelion plc (AIM: GELN), the global energy storage innovator, announces the grant of options ("Options") to subscribe for new ordinary shares ("Ordinary Shares") to Amit Gupta, Chief Financial Officer, in accordance with the terms of the Group's Share Option Plan.
Mr Gupta was granted 284,015 Options on 5 December 2025 in recognition of his contributions to the Group in FY25 (July 2024 to June 2025). These Options have an exercise price of 0.1 pence and are subject to vesting and exercise conditions of the Share Option Plan as set out below. Following this grant, the total number of Options held by Amit Gupta is 1,251,075.
Following this issue of Options, the Group has approximately 16.69 million Options in issue, representing 7.3% of the Company's issued share capital.
Summary of terms of these Options
These Options are consistent with allocations granted to other executives of the Company; they will vest in three equal tranches with the final vesting on 31 August 2028 provided on each vesting that Mr Gupta is in continuous employment with Gelion. The Options expire, to the extent that they have not been exercised, on 5 December 2035.
All Options are subject to both malus and clawback provisions and good and bad leaver provisions. All unvested options will vest in certain corporate events such as a takeover of the company or a change of control. In these circumstances the Options would normally vest and become exercisable in full unless the Board decides that the Option will be pro-rated to take account of the date the corporate event took place during the normal vesting period.
The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | Amit Gupta | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status: | Chief Financial Officer | ||||
| 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: | Grant of options | ||||
| c) | Price(s) and volume(s): |
| ||||
| d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 (c) above | ||||
| e) | Date of the transaction: | 5 December 2025 | ||||
| f) | Place of the transaction: | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.