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Gelion PLC Launches Retail Offer to Raise £150,000
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Gelion PLC Launches Retail Offer to Raise £150,000

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An update from Gelion PLC ( (GB:GELN) ) is now available.

Gelion PLC has announced a retail offer to issue up to 1,000,000 new ordinary shares at 15 pence each, raising up to £0.15 million. This offer is part of a larger fundraising effort that includes a £1.5 million placing and subscription, with the proceeds intended for unspecified use. The retail offer is open only to existing shareholders in the UK, highlighting the company’s appreciation for retail investor support.

More about Gelion PLC

YTD Price Performance: -28.13%

Average Trading Volume: 12,461

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £23.8M

See more data about GELN stock on TipRanks’ Stock Analysis page.

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