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An update from Gelion PLC ( (GB:GELN) ) is now available.
Gelion PLC has successfully completed a fundraising initiative, with its directors subscribing for over one million new ordinary shares at 15 pence each, raising an additional £155,000 and bringing the total to approximately £1.86 million. This move is set to enhance the company’s financial position and supports its ongoing initiatives in the battery innovation industry, as the new shares are expected to be admitted to trading on AIM by January 8, 2025.
More about Gelion PLC
Gelion PLC is an Anglo-Australian company specializing in battery innovation. The company focuses on developing advanced energy storage solutions and operates within the renewable energy sector.
Average Trading Volume: 16,510
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £23.12M
Learn more about GELN stock on TipRanks’ Stock Analysis page.
