Last checked at 12 Jul 2021 12:30
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT IS NOT AN OFFER FOR SALE OR SUBSCRIPTION IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN OFFER OF OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES.
Ilika plc
Posting of Circular
Ilika plc (AIM: IKA), the advanced solid-state battery company ("Ilika", the "Company" or, together with its subsidiary undertakings, the "Group"), is pleased to announce that it is today posting to Shareholders the Circular convening the General Meeting in respect of the proposed Placing, Open Offer and Retail Offer announced on 9 July 2021 (the "Launch Announcement").
The Circular contains details of the Open Offer which provides Qualifying Shareholders with the opportunity to subscribe for Open Offer Shares on the basis of 1 Open Offer Share for every 52 Ordinary Shares held on the Record Date, at the Issue Price.
Qualifying Shareholders are also being given the opportunity, provided that they take up their Open Offer Entitlements in full, to apply for additional Open Offer Shares through the Excess Application Facility.
Full details of the Open Offer, including terms and conditions and details of how to accept the Open Offer, are set out in the Circular, which will be posted to Qualifying Shareholders today.
The Circular is also available on the Company's website: www.ilika.com/investors/downloads.
Capitalised terms not defined in this announcement have the meanings given to them in the Launch Announcement.
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 |
|
|
|
Joh. Berenberg, Gossler & Co. KG | Tel: 020 3207 7800 |
Emily Morris, Detlir Elezi, Alamgir Ahmed, Milo Bonser |
|
|
|
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 |
About Ilika:
Ilika plc (AIM: IKA) is a pioneer in solid-state battery technology with their innovative Stereax micro batteries designed for next-generation MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries and develop its Goliath Wh-level solid-state battery pouches and cells. The company is building a consortium of global expertise with its Goliath Leader Partnership program.