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Gelion PLC ( (GB:GELN) ) has provided an update.
Gelion PLC announced that all proposed resolutions were passed at its General Meeting, leading to the subscription of 3,555,553 new shares by its directors at an issue price of 9 pence per share. The new shares will be admitted to trading on AIM, increasing the total voting rights to 176,851,783, which may impact shareholder notifications under FCA rules.
More about Gelion PLC
Gelion PLC is a global energy storage innovator, focusing on developing advanced energy storage solutions. The company operates in the energy sector, providing innovative products designed to enhance energy storage capabilities and efficiency.
Average Trading Volume: 81,839
Technical Sentiment Signal: Sell
Current Market Cap: £16.33M
For an in-depth examination of GELN stock, go to TipRanks’ Stock Analysis page.