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Gelion PLC ( (GB:GELN) ) has provided an announcement.
Gelion PLC, a company that operates in the energy storage sector, announced the results of its recent fundraising efforts, which included a Retail Offer, Subscription, and Placing Shares. The company raised approximately £1.7 million through the issuance of new shares, with a total of 11,397,837 new ordinary shares being issued. This fundraising is expected to enhance Gelion’s financial position, support its growth initiatives, and strengthen its market presence. The new shares are scheduled to be admitted to AIM on December 24, 2024, increasing the total number of voting rights to 147,408,440.
More about Gelion PLC
YTD Price Performance: -28.13%
Average Trading Volume: 15,403
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £23.8M
For detailed information about GELN stock, go to TipRanks’ Stock Analysis page.
