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Pin to quick picksIlika Plc Regulatory News (IKA)

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COVID-19 Update, Facility Re-opening

16 Jun 2020 07:00

RNS Number : 0227Q
Ilika plc
16 June 2020
 

Ilika plc

("Ilika" or the "Company")

 

COVID-19 Update, Facility Re-opening

 

Following the RNS issued on 9 June 2020, Ilika (AIM: IKA), a pioneer in solid-state battery technology, provides an update on the Company's operational activities and in particular the re-opening of its Stereax® pilot line at the University of Southampton.

 

In order to prioritise the safety of our staff, their families and our customers we are continuing to comply with UK Government directives to avoid non-essential travel and to maximise home-working.

 

Throughout the lockdown period, the Company's headquarters in Romsey, UK have remained open for those employees who need access to our Goliath large format cell development facilities. Through the implementation of risk assessments, enhanced cleaning and hygiene procedures and social distancing we have maintained a safe working environment and are pleased to confirm that our employees have not experienced any potentially COVID-19 related sickness since March.

 

In our RNS of 9 June 2020, we reported that we expected our Stereax pilot line for miniature cells at the University of Southampton to re-open shortly and we are pleased to announce that this facility has re-opened as of 15 June 2020. We are deploying similar practices at the Stereax pilot facility to those we have used successfully at our headquarters. We are continuing to communicate regularly with our Stereax customers to advise them of the measures we have taken and the likely impact on delivery times of evaluation samples. As a result, we are pleased to confirm that we have not received any order cancellations and our expectations for FY21 remain unchanged.

 

Ilika's CEO Graeme Purdy, stated: "Our proactive approach to managing the operational risks posed by COVID-19 have been successful to date. We intend to remain vigilant to the risks and are working with our customers, partners and suppliers to ensure we implement our business strategy as effectively as possible. I would like to thank our staff, partners, advisors and shareholders for their continued support."

 

For more information contact:

 

Ilika plc

 

 

www.ilika.com

Graeme Purdy, Chief Executive

Via Walbrook PR

Steve Boydell, Finance Director

Liberum Capital Limited

Tel: 020 3100 2000

Andrew Godber, Cameron Duncan, William Hall, Nikhil Varghese

Walbrook PR Ltd

Tel: 020 7933 8780 / Ilika@walbrookpr.com

Tom Cooper

Mob: 0797 122 1972

Lianne Cawthorne

Mob: 07584 391 303

Nick Rome

Mob: 07748 325 236

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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UPDQELFFBQLFBBL
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