Gelion plc raises £10.5 million via a Placing, Subscription and Retail Offer
October 2025
Gelion plc is an LSE AIM listed global energy storage innovator headquartered in Sydney Australia and was originally spun-out of the University of Sydney.
The company supports the transition to a sustainable economy while delivering value for its customers and investors by designing and manufacturing the outstanding zinc-bromide batteries for stationary energy storage and Lithium Sulfur and Lithium Silicon Sulfur technologies for mobile battery applications. Their mission is to provide global energy storage solutions that are robust, safe and affordable with low environmental impact, enabling the supply of clean power for all.
Placing, Subscription and Retail Offer
The fundraising consisted of a Placing of 37,972,000 new Ordinary Shares to raise £7.6 million, a Subscription for 12,028,000 new Ordinary Shares to raise £2.4 million and a Retail Offer conducted by the Winterflood Retail Access Platform (WRAP) for up to 2,500,000 new Ordinary Shares to raise up to £0.5 million.
The Company announced on 17 October 2025 that it had conditionally raised approximately £10.0 million at a price of 20 pence per share, and on 21 October 2025 it further announced the early closure of the oversubscribed WRAP Retail Offer raising an additional £0.5 million.
Having helped Gelion when they floated on AIM in November 2021, the Perivan shareholder communications team was delighted to work with Strand Hanson who acted as Nominated Adviser and Allenby Capital and Oberon Capital who acted as Joint Brokers on the documentation which was successfully completed and posted to qualifying shareholders on 20 October 2025.
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader in the production of documentation relating to corporate finance transactions.
