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Gelion plc
Placing and Subscription to raise £10.0 million
£10m
Background
Gelion plc (AIM: GELN) the global energy storage innovator, successfully completed a £10 million equity fundraise to support the next stage of its commercial growth. Strand Hanson acted as Nominated and Financial Adviser, providing independent and strategic guidance throughout the process, with impartial advice and strong market relationships that enabled Gelion to execute the transaction effectively while maintaining flexibility to work with suitable brokers
Following completion, Gelion’s CEO, John Wood, praised Strand Hanson’s professionalism, responsiveness, and unwavering focus on the company’s best interests. He highlighted their independence and market insight as key factors in achieving a strong outcome, highlighted in the below testimonial:
John Wood, CEO of Gelion:
"We were delighted to have Strand Hanson as our Nominated and Financial Adviser on our recent fundraise. Their advice, professionalism, and unwavering focus on Gelion’s best interests were invaluable throughout the process.
What truly set Strand Hanson apart was their independence. Free from any conflicts, they were able to provide clear, impartial guidance focused solely on what was right for Gelion. This independence not only gave us confidence in their advice but also gave myself and my team the flexibility to work with the brokers best suited to us for this fundraise, our business and strategic objectives.
We also benefited greatly from Strand Hanson’s strong relationships across the London broking community, which ensured seamless collaboration and effective execution. The depth of corporate knowledge with in their team, combined with their responsiveness and market insight, made a real difference in achieving a strong outcome for Gelion.
We are extremely pleased with the results of the fundraise and look forward to continuing our close relationship with Strand Hanson as our trusted independent adviser going forward."