Last checked at 29 Nov 2023 07:00
29 November 2023
Gelion plc
("Gelion" or the "Company" or the "Group")
Notice of Results and AGM
Gelion (AIM: GELN), the Anglo-Australian battery innovator, will announce its full year results for the year ended 30 June 2023 on Tuesday, 12 December 2023.
The Group also announces it will be holding its Annual General Meeting (AGM) at 9am on Thursday, 21 December 2023 at the offices of Cavendish Capital Markets Limited, 1 Bartholomew Close, London, EC1A 7BL.
The annual report and accounts of the Company for the financial year ended 30 June 2023 will not be laid before the shareholders at the AGM. The Company's annual report and accounts are being finalised due to delays associated with the Company's recently announced acquisition and fundraise and this will also be published on 12 December 2023.
Accordingly, a separate General Meeting will be convened before the end of January 2024, at which the receipt of the report and accounts and the reappointment of the auditors, BDO LLP will be put to shareholders.
The notice of AGM on 21 December 2023 can be viewed and downloaded from the Company's website: https://gelion.com/investors/documents-notices/
Shareholders who wish to attend the AGM remotely should register for the event in advance by contacting gelion@almastrategic.com.
CONTACTS
Gelion plc John Wood, CEO Amit Gupta, CFO Thomas Maschmeyer, Founder and Principal Technology Advisor
| via Alma |
Cavendish Capital Markets Limited (Nominated Adviser and Broker) | +44 207 220 0500 |
Corporate Finance Neil McDonald Seamus Fricker Fergus Sullivan
ECM Barney Hayward
| |
Alma Strategic Communications Justine James Hannah Campbell Will Ellis Hancock | +44 20 3405 0205 gelion@almastrategic.com |
About Gelion
Gelion ("gel: ion") is a global -energy storage innovator, supporting the transition to a more sustainable economy by commercialising two globally important next generation technologies: Lithium-Sulfur (LiS) and Zinc-based (Zn) hybrid cells to electrify mobile and stationary applications. Gelion plc (the Group) is listed on the London Stock Exchange's Alternative Investment Market and wholly owns Australia based Gelion Technologies Pty Ltd. Gelion is designing and delivering innovative battery technology to enable that transition and return value for its customers and investors.
Lithium Sulfur
Gelion's effort is directed at the potential for the LiS chemistry to deliver double the gravimetric energy density of standard Lithium-ion chemistries whilst at the same time reducing cost and increasing safety targeting the EV and e-aviation market, helping to make global transport, energy consumption and storage more sustainable.
Gelion is developing a product for its high energy density sulfur cathode at its expanded R&D facilities in Sydney, enabling it to integrate with a variety of anodes ranging from graphite to silicon to lithium metal, depending on the targeted application.
Gelion recently also expanded in the UK by acquiring OXLiD Ltd, significantly increasing Gelion's capability in cathode improvement thereby accelerating path to commercial partners and commercialisation.
Zinc
Gelion is adapting its zinc technology to comprise an alternate cathode technology, a zinc hybrid cell to develop complementary next-generation batteries for the lead-acid eco-system. Early testing indicates that this solution has the potential to maintain good energy density levels with enhanced cost and safety aspects. Once fully developed, Gelion intends for our zinc technology to provide a durable and sustainable market extension within the ecosystem that supports lead-acid batteries.