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Change of Name of OXLiD Ltd to Gelion Europe Ltd

In brief · summary, not quotable

Gelion plc has announced the immediate change of its wholly-owned UK subsidiary, OXLiD Ltd, to Gelion Europe Ltd, marking the final step in post-acquisition integration and consolidating the Gelion Group's brand globally. This rebranding signifies the successful incorporation of lithium-sulfur technology and R&D capabilities into Gelion's energy storage portfolio and represents the Group's expanding European operations and UK-based development facilities. The company's registration number and legal structure remain unchanged, and existing contracts with OXLiD Ltd will transition to the new name.

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Gelion plc (AIM: GELN), the global energy storage innovator, is pleased to announce that its wholly-owned UK subsidiary, OXLiD Ltd, has changed its corporate name to Gelion Europe Ltd, effective immediately.

The rebranding of OXLiD Ltd to Gelion Europe Ltd represents the final step in the post-acquisition integration process and is designed to:

  • Consolidate the brand of the Gelion Group for its global partners, stakeholders and the industry.
  • Signify the successful incorporation of the lithium-sulfur (Li-S) technology and R&D capabilities into Gelion's broader global energy storage portfolio.
  • Represent the Group's expanding European operations and UK-based development facilities.

The change of name has been registered with Companies House. The Company's registration number and legal structure remain unchanged. All existing contracts and agreements with OXLiD Ltd remain valid and will be transitioned to the new name in due course.

John Wood, CEO of Gelion, commented: "Changing the name of OXLiD to Gelion Europe Ltd reflects the successful integration of our teams and our technologies. As we advance our sulfur battery technologies globally, operating under one recognised brand allows us to engage more effectively with our supply chains and commercial partners."

Sulfur Batteries

Glossary

CAMCathode active material
Cycle lifeThe number of full charge and discharge cycles a battery can complete before its capacity falls below a specified level, typically 80% of the original capacity. Higher cycle life indicates longer-lasting performance.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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