Gelion PLC Total Voting Rights (9437C)
28 February 2022 - 6:00PM
UK Regulatory
TIDMGELN
RNS Number : 9437C
Gelion PLC
28 February 2022
Gelion plc
("Gelion" or the "Company")
Total Voting Rights
In compliance with the FCA's Disclosure Guidance and
Transparency Rules (the "Rules"), the Company announces that, as at
the date of this announcement, it has 107,134,839 ordinary shares
of 0.1 pence each in issue. The Company does not hold any shares in
treasury and all of the ordinary shares have equal voting
rights.
The figure of 107,134,839 ordinary shares represents the total
voting rights in the Company and may be used by shareholders as the
denominator for the calculations by which they can determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the Rules.
CONTACTS
Gelion plc via Tavistock
Andrew Grimes, Chief Executive Officer
Thomas Maschmeyer, Founder and Principal
Technology Advisor
Marcus Strom, Corporate Communications
finnCap Ltd (Nominated Adviser and Sole
Broker) +44 207 220 0500
Corporate Finance
Christopher Raggett
Seamus Fricker
Fergus Sullivan
ECM
Barney Hayward
Tavistock (Financial PR Adviser) +44 207 920 3150
Simon Hudson gelion@tavistock.co.uk
Nick Elwes
Rebecca Hislaire
Notes to editors
Gelion (AIM: GELN) is a publicly listed company on the London
Stock Exchange AIM market. It was founded as a spin-out from the
University of Sydney in 2015 by Professor Thomas Maschmeyer, one of
the world's leading chemists who was awarded the Australian Prime
Minister's Prize for Innovation 2020.
Gelion is a global renewable-energy storage innovator. By
designing leading-edge battery technology for stationary and mobile
energy, the Company supports the transition to a sustainable
economy while delivering value for customers and investors.
-- The Gelion Endure battery uses low-cost, abundant raw
materials and is based on a chemistry that is highly resistant to
fire.
-- The batteries are scalable, using lead-acid battery
manufacturing technology, and the Company expects to develop
megawatt-hour capacity for large-scale infrastructure, including
for solar and wind farms.
-- With applications in agriculture, mining, water management
and irrigation the battery is highly adaptable for off-grid
use.
In addition to investing in the growth of its zinc-bromide
technology, the Company will use funding to develop its mobile
energy division to enhance existing lithium-ion and lithium-sulfur
battery technologies used in electric vehicles and the emerging
market in electric aviation.
For the mobile market, Gelion's technology pipeline
includes:
-- Highly tuneable, low-cost silicon nanoparticle additives for
next-generation advanced lithium-ion batteries, which are safer and
have higher energy density.
-- A low-cost additive, which increases the lifetime of
lithium-sulfur batteries by more than four times, delivering up to
three times higher energy by weight than conventional lithium-ion
batteries.
Using additive technology developed by its R&D team, which
cooperates closely with scientists at the School of Chemistry and
the University of Sydney Nano Institute, Gelion will develop and
license additives for advanced lithium-silicon and lithium-sulfur
technologies for ultra-high-density batteries to extend the
cycle-life and safety of mobile energy storage.
Gelion also recently announced a partnership with Battery Energy
Power Solutions in Sydney to manufacture and distribute its
zinc-bromide batteries for the Australian market.
Gelion qualified for the LSE Green Economy Mark which recognises
London-listed companies and funds that derive more than 50% of
their revenues from products and services that are contributing the
environmental objectives such as climate change mitigation and
adaptation, waste and pollution reduction, and the circular
economy.
To find out more, please visit: www.gelion.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
TVREAEAXAALAEAA
(END) Dow Jones Newswires
February 28, 2022 02:00 ET (07:00 GMT)
Gelion (LSE:GELN)
Historical Stock Chart
From Apr 2024 to May 2024
Gelion (LSE:GELN)
Historical Stock Chart
From May 2023 to May 2024