Ilika Plc Regulatory News (IKA)

Ilika plc

("Ilika" and the "Company")

Directorate Change

Formation of Technology Advisory Board

Ilika plc (AIM: IKA), the advanced solid-state battery technology company, announces the appointment of Keith Jackson as Chairman from the 1st January 2019, when Mike Inglis will step down from the Board.

Keith Jackson has been a Non-Executive Director of Ilika since 2014 and is also currently Chief Technology Officer at Meggitt plc, where he is responsible for technology direction and strategy. Keith has had a wide-ranging and successful career in companies varying from start-ups to multinationals. He founded and as CEO grew automotive control systems company Pi Technology. Following the successful sale of the company to Ford, he joined Rolls Royce plc and became Chief Technology Officer in the electrical power and control systems group. Keith is a Fellow of the Society of Automotive Engineers and is a graduate from University College London.

Mike Inglis was appointed a Non-Executive Director of Ilika in July 2015 and Chairman in September 2015. He has chosen the completion of a three-year period as Chairman to step down for capacity reasons following increased committee activities on his other boards. Mike will remain involved with Ilika and become the founding member of Ilika's Technology Advisory Board, a team of industry experts to advise on the commercialisation of Ilika's technology with specialist sector knowledge.

Graeme Purdy, CEO, stated: "We are very grateful to Mike for the direction he has given the Ilika board over the past three years. He has assisted greatly in setting up the commercial framework we have established for bringing our Stereaxâ technology to market. I am delighted that Mike has agreed to be the founding member of Ilika's Technology Advisory Board, which will be used to contribute to Ilika's strategic direction in the coming years."

Mike Inglis, Chairman, added: "I have been impressed with the commercial and technical progress achieved by Ilika during my period as Chairman and I am pleased to hand over to Keith, who provides strategic continuity and brings a wealth of commercial experience, international technology and manufacturing experience to guide Ilika in its next phase."

Keith Jackson, Chairman elect, added: "I am delighted to accept the opportunity to guide Ilika's board as we take the Company into its next phase of commercial exploitation."