IKA Ilika Plc

TIDMIKA

RNS Number : 7350M

Ilika plc

17 October 2016

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA OR AUSTRALIA OR ANY JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION IS PROHIBITED.

Ilika plc

("Ilika" or the "Company")

Result of General Meeting

On 27 September 2016 Ilika plc (AIM: IKA), a pioneer in materials innovation and solid-state battery technology, announced the placing of 12,600,000 new ordinary shares of 1 pence each ("Placing Shares") at a price of 50p per share (the "Placing"), to raise GBP6.3m for the Company. The Placing was subject to the approval by Shareholders of the Resolutions set out in the Notice of General Meeting posted to Shareholders on 30 September 2016.

The Company is pleased to announce that all the Resolutions were duly passed at the General Meeting held earlier today.

The Placing remains conditional upon Admission. Admission is expected to become effective at 8:00am on 18 October 2016.

Following Admission the figure of 78,402,710 ordinary shares 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 and Transparency Rules.

For further information:

 
 Ilika plc                               www.ilika.com 
 Graeme Purdy, Chief Executive      Tel: 023 8011 1400 
 Steve Boydell, Finance 
  Director 
 
 Numis Securities Limited           Tel: 020 7260 1000 
 Oliver Cardigan / Paul 
  Gillam (Nominated Adviser) 
 James Black / Michael Burke 
  (Corporate Broking) 
 
 Walbrook PR Ltd                 Tel: 020 7933 8780 or 
                                  Ilika@walbrookpr.com 
 Paul McManus                       Mob: 07980 541 893 
 Lianne Cawthorne                   Mob: 07584 391 303 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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