Business
Result of GM and Total Voting Rights
Result of GM and Total Voting Rights.
About this update from Gelion Plc
[{"type":"text","content":"\n\n \n27 November 2023\nGelion plc\n(\"Gelion\" or the \"Company\" or the \"Group\")\n \nResult of GM and Total Voting Rights\n \nGelion (AIM: GELN), the Anglo-Australian battery innovator, announces that at the General Meeting (\"GM\") held earlier today, all resolutions set out in the Notice of GM were duly passed. Following this, as of 8am on 28 December 2023 the total number of voting rights will be 135,998,459.\n \nThe voting results for each resolution were as follows:\n \n\n\n\n\n\n\n\nIn Favour\n\n\nAgainst\n\n\nWithheld\nVotes\n\n\n\n\nResolution\n\n\nVotes\n\n\n%\n\n\nVotes\n\n\n%\n\n\n\n\n1 - To authorise the directors to allot shares pursuant to the Placing, Subscription, Retail Offer, and the acquisition of OXLiD Ltd.\n\n\n42,660,711\n\n\n99.99\n\n\n183\n\n\nLess than 0.01\n\n\nNone\n\n\n\n\n2 - To authorise the directors to disapply the statutory pre-emption rights in relation to the allotment of shares pursuant to the Placing, Subscription and Retail Offer.\n\n\n42,597,271\n\n\n99.85\n\n\n406\n\n\nLess than 0.01\n\n\n63,217\n\n\n\n\n \nThe results of the GM will also be available from today on the Company's website at www.gelion.com\n \nCONTACTS\n \n\n\n\n\nGelion plc\nJohn Wood, CEO\nAmit Gupta, CFO\nThomas Maschmeyer, Founder and Principal Technology Advisor\n \n\n\nvia Alma\n\n\n\n\nCavendish Capital Markets Limited (Nominated Adviser and Broker)\n\n\n+44 207 220 0500\n\n\n\n\nCorporate Finance\nNeil McDonald\nSeamus Fricker\nFergus Sullivan\n \nECM\nBarney Hayward\n \n\n\n\n\n\n\n\nAlma Strategic Communications\nJustine James\nHannah Campbell\nWill Ellis Hancock\n\n\n+44 20 3405 0205\[email protected]\n\n\n\n\n \nAbout Gelion\n \nGelion (\"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.\n \nLithium Sulfur\n...