24 Jan 2019 07:00
Ilika plc
('Ilika,' the 'Company,' or the 'Group')
Grant of Long Term Incentive Plan
Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that it yesterday granted nominal value options over 2,213,393 ordinary shares of 1p each in the Company to executive directors under the 2018 Long Term Incentive Plan.
The Options represent in aggregate 2.198 per cent of the existing issued share capital.
Details of the Options
The following options were issued under the Company's recently approved Long Term Incentive Plan 2018 with each award vesting on the achievement of certain performance targets over a three-year period (details of which were provided in the Notice of AGM, Appendix 1):
Director | Number of options granted | Total number of Options now held | Per cent. of current issued share capital |
Graeme Purdy | 1,127,777 | 2,323,587 | 2.307% |
Brian Hayden | 712,394 | 1,293,605 | 1.284% |
Steve Boydell | 373,222 | 618,668 | 0.614% |
Graeme Purdy holds 734,427 Ordinary shares representing 0.71% of current issued share capital and Steve Boydell holds 12,000 Ordinary shares representing 0.01% of current issued share capital. Brian Hayden holds 426,300 Preference Shares.
Details of the full notifications received by the Company are set out below:
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Graeme Purdy | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Ilika plc | |||
b)
| LEI
| 213800TMDNIE3Z8XXD26 | |||
4
| Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument | Ordinary shares of 1 pence each | |||
|
| ||||
Identification code | GB00B608Z994 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of options under the 2018 Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 1p | 1,127,777 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 1,127,777 | ||||
|
| ||||
- Price | £11,277.77 | ||||
|
| ||||
e)
| Date of the transaction
| 23.01.19 | |||
f)
| Place of the transaction
| Off Market | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Brian Hayden | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Scientific Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Ilika plc | |||
b)
| LEI
| 213800TMDNIE3Z8XXD26 | |||
4
| Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument | Ordinary shares of 1 pence each | |||
|
| ||||
Identification code | GB00B608Z994 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of options under the 2018 Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 1p | 712,394 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 712,394 | ||||
|
| ||||
- Price | £7,123.94 | ||||
|
| ||||
e)
| Date of the transaction
| 23.01.19 | |||
f)
| Place of the transaction
| Off Market
| |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Steve Boydell | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Finance Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Ilika plc | |||
b)
| LEI
| 213800TMDNIE3Z8XXD26 | |||
4
| Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument | Ordinary shares of 1 pence each | |||
|
| ||||
Identification code | GB00B608Z994 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of options under the 2018 Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 1p | 373,222 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 373,222 | ||||
|
| ||||
- Price | £3,732.22 | ||||
|
| ||||
e)
| Date of the transaction
| 23.01.19 | |||
f)
| Place of the transaction
| Off Market | |||
Ilika plc Graeme Purdy, Chief Executive Steve Boydell, Finance Director | +44 (0)23 8011 1400
| |
|
| |
Liberum Capital Limited Andrew Godber, Cameron Duncan, Trystan Cullen, William Hall | +44 (0) 20 3100 2000
| |
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Walbrook PR Ltd | +44 (0)20 7933 8780 or ilika@walbrookpr.com | |
Paul Cornelius | Mob: +44 (0)7827 879 460 | |
Lianne Cawthorne | Mob: +44 (0)7584 391 303 | |
Ilika Plc (IKA)