TIDMIKA
RNS Number : 8770W
Ilika plc
14 December 2023
Ilika plc
("Ilika", the "Group" or the "Company")
Award of Share Options, Exercise of Options and Total Voting
Rights
Ilika (AIM: IKA), a pioneer in solid-state battery technology,
announces that on 14 December 2023 it granted options to Executive
Directors and employees under the Long Term Incentive Plan approved
by shareholders in 2018 ("LTIP") and the EMI employee option
scheme.
LTIP
Ilika awarded nominal value options under the LTIP over 633,673
ordinary shares of 1p each in the Company ("Ordinary Shares") to
two Executive Directors and options over a further 20,000 Ordinary
Shares to employees. Each award vests on the achievement of certain
performance targets over a three-year period.
EMI option scheme
Ilika granted market value options over 2,090,950 ordinary
shares of 1p each in the Company ("Ordinary Shares") to an
Executive Director and employees under the Company EMI option
scheme. EMI options vest on the achievement of certain performance
targets over a three-year period.
The awards are intended to align the incentives of the Executive
Directors and other senior employees with the Company's performance
and outcomes for shareholders over the long term and to provide
effective and attractive levels of reward, based on delivering
strong performance in a fair and proportionate manner.
In total, options over 2,744,623 Ordinary Shares have been
granted representing 1.7% of issued share capital.
Details of grants issued under the LTIP and EMI option scheme by
each Executive Director are set out in the table below, together
with the total number of Ordinary Shares each Executive Director
holds under option and is interested in.
Director Number of Number of Total number Per cent. of
LTIP options EMI options of Options issued share
granted granted now held capital
Graeme Purdy 492,764 - 2,796,822 1.76%
-------------- ------------- ------------- --------------
Jason Stewart 140,909 213,636 670,344 0.42%
-------------- ------------- ------------- --------------
Exercise of Options and Total Voting Rights
Ilika also announces that following the vesting of options under
the Company's EMI share option schemes, 75,000 options with an
exercise price of 25.5p, have been converted into ordinary shares
of one penny each in the Company ("Ordinary Shares"). Accordingly,
the Company has applied to the London Stock Exchange for 75,000
Ordinary Shares to be admitted to trading on AIM ("Admission"). It
is expected that Admission will occur at 8.00am on 15 December
2023.
The options represent in aggregate 0.05 per cent of the
Company's issued share capital.
Total Voting Rights
Following Admission, the Company's issued share capital will
comprise 158,975,667 ordinary shares of one penny each and that
number may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules. The Company does not
hold any shares in treasury.
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Executive Via Walbrook PR
Liberum Capital Limited (Nomad Tel: 020 3100 2000
and Joint Broker)
Andrew Godber,
Nikhil Varghese
Joh. Berenberg, Gossler & Co. KG Tel: 020 3207 8700
(Joint Broker)
Matthew Armitt, Mark Whitmore, Detlir
Elezi,
Natasha Ninkov
Walbrook PR Ltd Tel: 020 7933 8780 / Ilika@walbrookpr.com
Nick Rome Mob: 07748 325 236
Charlotte Edgar Mob: 07884 664 686
Joe Walker Mob: 0740 702 0470
About Ilika plc - https://www.ilika.com .
Ilika specialises in the developing and commercialisation of
solid state batteries. The Company's mission is to rapidly develop
leading-edge IP, manufacture and license solid state batteries for
markets that cannot be addressed with conventional batteries due to
their safety, charge rates, energy density and life limits. The
Company achieves this by using ceramic-based lithium-ion technology
that is inherently safe in manufacture and usage, higher thermal
tolerance and easier to recycle which differentiates our products
from existing batteries.
The Company has two product lines. Its Stereax batteries which
are designed for powering miniature medical implants, industrial
wireless sensors and specialist internet of Things (IoT)
applications and the Goliath large format batteries designed for EV
cars and cordless appliances.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Graeme Purdy
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of LTIP share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
1p 492,764
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jason Stewart
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of LTIP share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
1p 140,909
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jason Stewart
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of EMI share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
44p 213,636
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Louise Turner
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status VP Product Development
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of EMI share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
44p 55,000
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name John Tinson
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status VP Sales
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of EMI share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
44p 30,000
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Robin Bell
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status NPI Director
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of EMI share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
44p 20,000
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Mandy Petitt
--------------------------------------- -----------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status Financial Controller
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Ilika plc
--------------------------------------- -----------------------------------------
b) LEI 213800TMDNIE3Z8XXD26
--------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B608Z994
b) Nature of the transaction Grant of EMI share options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
44p 50,000
------------------ ------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 14 December 2023
--------------------------------------- -----------------------------------------
f) Place of the transaction Off market
--------------------------------------- -----------------------------------------
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END
MSCGPGCCPUPWGWC
(END) Dow Jones Newswires
December 14, 2023 08:46 ET (13:46 GMT)
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