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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gelion Plc | LSE:GELN | London | Ordinary Share | GB00BNBQZD59 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 2.86% | 18.00 | 17.00 | 19.00 | 18.00 | 17.50 | 17.50 | 2,649 | 08:38:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Primary Batteries, Dry & Wet | 0 | -7.41M | -0.0545 | -3.30 | 24.48M |
TIDMGELN
RNS Number : 5625W
Gelion PLC
13 December 2023
13 December 2023
Gelion PLC
(the "Company" or the "Group")
Director/PDMR Shareholding - Grant of options
Gelion plc (AIM: GELN), the Anglo-Australian energy storage innovator, announces the grant of options ("Options") to subscribe for new ordinary shares ("Ordinary Shares") to Amit Gupta, Chief Financial Officer, in accordance with the terms of the Group's Share Option Plan.
Mr Gupta was granted 259,370 Options on 13 December 2023. These Options have an exercise price of 0.1 pence and are subject to vesting and exercise conditions of the Share Option Plan as set out below. Following this grant the total number of Options held by Amit Gupta is 695,802. These Options have been granted to Mr Gupta in recognition of his contributions to the Group in FY23.
Subsequent to this issue of Options, the Group has approximately 11.04 million Options in issue, representing 8.1% of the Company's issued share capital.
Summary of terms of these Options
These Options will vest in three equal tranches with the final vesting on 31 August 2026 provided on each vesting that Mr Gupta is in continuous employment with Gelion. The Options expire, to the extent that they have not been exercised, on 13 December 2033.
All Options are subject to both malus and clawback provisions and good and bad leaver provisions. All unvested options will vest in certain corporate events such as a takeover of the company or a change of control. In these circumstances the Options would normally vest and become exercisable in full unless the Board decides that the Option will be pro-rated to take account of the date the corporate event took place during the normal vesting period.
Enquiries :
Gelion plc via Alma John Wood, CEO Amit Gupta, CFO Thomas Maschmeyer, Founder and Principal Technology Advisor Cavendish Capital Markets Limited (Nominated Adviser and Sole Broker) +44 207 220 0500 Corporate Finance Neil McDonald Seamus Fricker Fergus Sullivan ECM Barney Hayward Alma Strategic Communications +44 20 3405 0205 Justine James gelion@almastrategic.com Hannah Campbell Will Ellis Hancock
The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Details of the person discharging managerial responsibilities/person 1. closely associated a) Name: Amit Gupta ------------------------------------ --------------------------------- Reason for the notification 2. ----------------------------------------------------------------------- a) Position/status: Chief Financial Officer ------------------------------------ --------------------------------- b) Initial notification/Amendment: Initial notification ------------------------------------ --------------------------------- Details of the issuer, emission allowance market participant, 3. auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name: Gelion plc ------------------------------------ --------------------------------- b) LEI: 2138008NC7YL3MCUDR84 ------------------------------------ --------------------------------- Details of the transaction(s): section to be repeated for 4. (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ----------------------------------------------------------------------- a) Description of the financial Ordinary shares of 0.1p each instrument, type of instrument: ("Ordinary Shares") Identification code: GB00BNBQZD59 ------------------------------------ --------------------------------- b) Nature of the transaction: Grant of options ------------------------------------ --------------------------------- c) Price(s) and volume(s): Price(s) Volume(s) 0.1p 259,370 ---------- ------------------------------------ --------------------------------- d) Aggregated information: Single transaction as in 4 (c) * Aggregated volume: above * Price: ------------------------------------ --------------------------------- e) Date of the transaction: 13 December 2023 ------------------------------------ --------------------------------- f) Place of the transaction: Outside of a trading venue ------------------------------------ ---------------------------------
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December 13, 2023 02:00 ET (07:00 GMT)
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