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Gelion PLC Expands Share Capital Following General Meeting

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Gelion PLC Expands Share Capital Following General Meeting

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An announcement from Gelion PLC ( (GB:GELN) ) is now available.

Gelion PLC announced the successful passing of all proposed resolutions at its recent General Meeting, leading to the issuance of 1,150,000 new shares subscribed by directors and PDMRs at 20 pence per share. The new shares will be admitted to trading on AIM, increasing the company’s total voting rights to 229,351,783, which may impact shareholder notifications under FCA rules.

More about Gelion PLC

Gelion PLC is a global innovator in the energy storage industry, focusing on developing advanced energy storage solutions. The company’s primary products include innovative battery technologies aimed at enhancing energy efficiency and sustainability.

Average Trading Volume: 140,109

Technical Sentiment Signal: Buy

Current Market Cap: £47.75M

Find detailed analytics on GELN stock on TipRanks’ Stock Analysis page.

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