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IKA Ilika Plc

30.50
0.50 (1.67%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ilika Plc LSE:IKA London Ordinary Share GB00B608Z994 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 1.67% 30.50 29.00 32.00 31.25 29.50 30.00 954,686 08:31:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 702k -7.3M -0.0459 -6.64 48.49M

Ilika plc Award of Share Options, Exercise of Options & TVR (8770W)

14/12/2023 1:46pm

UK Regulatory


Ilika (LSE:IKA)
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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

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December 14, 2023 08:46 ET (13:46 GMT)

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