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Pin to quick picksIlika Plc Regulatory News (IKA)

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Senior appointment&conversion of preference shares

16 Jun 2023 07:00

RNS Number : 9129C
Ilika plc
16 June 2023
 

 

Ilika plc

("Ilika" or the "Company")

 

Appointment of Vice President Product Development

 Conversion of preference shares, total voting rights and award of share options update

 

Ilika (AIM: IKA), a pioneer in solid-state battery technology, today provides an update on senior appointments, a notice of conversion of preference shares, total voting rights, and an update to staff share option awards.

 

VP Product Development

With effect from 1 September 2023, Ilika has appointed Dr. Louise Turner to the role of VP Product Development. Promoted from her current position as Technical Director, Louise has demonstrated her skills in overseeing both the scientific development and scale-up activities of the Stereax® product and can draw on both her Doctorate in Chemistry and MBA in Business & Technology to further the Ilika story.

 

Louise will take over line management responsibility for Ilika's Stereax and Goliath product development programmes from Robin Bell. Robin will continue to work with and support the Company in an advisory capacity as New Product Introduction Director where he will continue supporting each product in its journey to market.

 

Ilika's CEO Graeme Purdy, stated: "We are delighted to have the opportunity to promote such a capable leader and scientist as Louise to the senior management team. Louise will build on the product development and commercialisation work that she has delivered with the Stereax team to the wider business helping to enact the same scale up and delivery in the Goliath product roadmaps. We look forward to continuing our relationship with Robin in his new technical consulting role."

 

Conversion of preference shares

Ilika announces that following receipt of conversion notices in relation to 426,300 convertible preferred Ordinary Shares of one penny each, it has today issued 426,300 Ordinary Shares. Accordingly, the Company has applied to the London Stock Exchange for 426,300 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8:00 a.m. on 19 June 2023.

 

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 158,900,667 Ordinary Shares 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.  

 

Award of share options update

The Company also announces that as part of the Company's EMI option scheme, in addition to the 802,248 options granted over ordinary shares of one penny each in the Company ("Ordinary Shares") on 1 March 2023, the Company awarded an additional 350,138 market value options to employees on 1 March 2023. Therefore, an aggregate of 1,572,140 options over Ordinary Shares had been granted to employees under the EMI option scheme on 1 March 2023, representing 0.99% of issued share capital.

 

For more information contact:

 

Ilika plc

www.ilika.com

Graeme Purdy, Chief Executive

Via Walbrook PR

Liberum Capital Limited (Nomad and Joint Broker)

Tel: 020 3100 2000

Andrew Godber,

William Hall, Nikhil Varghese

Joh. Berenberg, Gossler & Co. KG (Joint Broker)

Tel: 020 3207 8700

Matthew Armitt, Mark Whitmore, Detlir Elezi,

Mara Grasso

Walbrook PR Ltd

Tel: 020 7933 8780 / Ilika@walbrookpr.com

Lianne Applegarth

Mob: 07584 391 303

Nick Rome

Mob: 07748 325 236

Tom Cooper

Mob: 07971 221 972

 

About Ilika plc

Ilika specialises in the development of solid-state batteries. Its Stereax® product line is designed for miniature medical devices and specialist internet of Things (IoT) applications. Stereax® enables disruptive product designers looking for an intrinsically safe, long life (1000s recharges), low leakage (nA) and miniature power source in a rectangular form factor similar to ICs. For more information about Ilika, please visit:  https://www.ilika.com.

 

 

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MSCEAKKSFSSDEFA
Date   Source Headline
23rd Apr 20122:44 pmRNSHolding(s) in Company
23rd Apr 20128:01 amRNSDirector/PDMR Shareholding
20th Apr 201212:49 pmRNSGeneral Meeting Results
4th Apr 201212:26 pmRNSPosting of circular
4th Apr 20127:00 amRNSPlacing and Subscription
13th Mar 20127:00 amRNSContract Renewals and Trading Update
2nd Feb 20127:00 amRNSJoint Development agreement with Energizer
10th Jan 20127:00 amRNSHalf Yearly Report
9th Jan 20127:00 amRNSNew contract with Toshiba
6th Dec 20117:00 amRNSAltrika grant award and new JDP
28th Nov 20117:00 amRNSSolid State Battery Development
16th Nov 20117:00 amRNSTrading Update
29th Sep 20118:21 amRNSFirst US electronics contract / Expansion in Asia
13th Sep 20115:06 pmRNSResult of AGM
2nd Aug 20117:00 amRNSPosting of annual report
14th Jul 20117:00 amRNSFull Year Results
4th May 20117:00 amRNSTrading Update
18th Apr 20117:00 amRNSCarbon Trust Grant / New Customer Contract
4th Mar 20118:00 amRNSRenewal of Contracts
24th Feb 20112:56 pmRNSNotification of Interest
23rd Feb 201112:16 pmRNSNotification of Interest
19th Jan 20113:00 pmRNSDISTRIBUTION OF INTERIM ACCOUNTS FOR 2010
24th Nov 20107:00 amRNSInterim Results
29th Oct 20107:00 amRNSIlika awarded Carbon Trust R&D Grant
21st Oct 20107:00 amRNSAgreement with Ministry of Defence agency
21st Oct 20107:00 amRNSAgreement with Ministry of Defence agency
20th Oct 20104:35 pmRNSAnnual Financial Report
20th Oct 20104:35 pmRNSAnnual Financial Report
8th Oct 201010:30 amRNSInternational Business Development Appointments
8th Sep 20107:00 amRNSRevenue Update and Contract Renewal
18th Aug 20104:13 pmRNSNotification of Interest
17th Aug 20107:00 amRNSTotal Voting Rights
5th Aug 20104:05 pmRNSHolding(s) in Company
28th Jul 20107:00 amRNSUK Government Grant for Skin Wound Treatment
15th Jul 20107:00 amRNSFuel Cell Materials Joint Development Project
15th Jul 20107:00 amRNSFinal Results
30th Jun 20107:00 amRNSDevelopment Project
16th Jun 20107:00 amRNSFuel cell catalyst scale-up agreement
10th Jun 201012:39 pmRNSInspection, Regulatory Authority for Skin Products
9th Jun 20109:25 amRNSIlika partners to develop business in China
2nd Jun 20104:25 pmRNSExercise of Options
14th May 20105:16 pmRNSGrant of Options
14th May 20105:16 pmRNSGrant of Options
14th May 20108:02 amRNSAdmission to AIM

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