Gelion PlcLSE: GELN

Publication of Research Report

· Issued by Gelion Plc

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4 June 2026

Gelion plc

("Gelion", "Company" or the "Group")

Publication of Research Report

Gelion is seeking to replace the strategic minerals in current Lithium-ion battery cathodes with Gelion's Nano-Encapsulated Sulfur (NES™) that are low cost and can be dropped into existing global manufacturing lines.  Gelion's NES™ is made from sulfur which is abundantly available, free from supply chain constraints.

Gelion plc (AIM: GELN), the sulfur battery company, is pleased to announce that Longspur Capital Limited, has today published an in depth report on the Company entitled "Cheaper Than China".

The full report is available on the Company's website.

For more information, please visit Next-Generation Sulfur Battery Technologies | Gelion or contact:

Gelion plc
John Wood, CEO
Amit Gupta, CFO

via Tavistock

Strand Hanson Limited (Nominated and Financial Adviser)
Christopher Raggett / Rob Patrick / Harry Marshall

+44 (0) 20 7409 3494

Oberon Capital (Joint Broker)
Nick Lovering / Mike Seabrook / Adam Pollock

+44 (0) 20 3179 5300

Allenby Capital Limited (Joint Broker)

Jos Pinnington / Lauren Wright (Sales and Corporate Broking)

Alex Brearley / Ashur Joseph (Corporate Finance)

+44 (0) 20 3328 5656

Tavistock (Financial & Corporate PR)
Simon Hudson / Nick Elwes / Saskia Sizen

+44 20 7920 3150
gelion@tavistock.co.uk

About Gelion

Gelion plc, the sulfur battery company is developing next‑generation battery technologies that aim to accelerate the clean energy transition by delivering sustainable, high‑performance, cost‑effective energy storage solutions. Central to its strategy is proprietary sulfur‑based cathode active material (CAM) technology, which uses nanoconfinement to control sulfur behaviour in lithium‑sulfur and room‑temperature sodium‑sulfur battery architectures Nano-Encapsulated Sulfur (NES™), addressing historical performance limitations and enabling compatibility with standard lithium‑ion and sodium‑ion manufacturing infrastructure. The NES™ material has been developed with the goal of having "drop in" capability in place of alternate cathode materials to support scalable production in existing gigafactories and targets critical benchmarks for energy density and power performance, with applications across electric mobility, e‑aviation, grid and stationary storage. Gelion works with blue-chip industrial and research partners to commercialise its technology and deliver integrated energy storage systems that support global decarbonisation goals.

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