Source - Alliance News

Gelion PLC - London-based Anglo-Australian battery storage company - Raises £30,000 via UK retail offer, launched on November 9, and further £30,000 from Australian retail offer both at an issue price of 24 pence per share. Together with placing and subscription, raises total £4.1 million. The placing, subscription, UK retail offer and Australian retail offer are conditional upon the passing of the resolutions at the general meeting.

Current stock price: 24.50 pence, down 2.0% on Thursday

12-month change: down 56%

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