Source - LSE Regulatory
RNS Number : 7875H
Ilika plc
27 March 2020
 

 


Ilika plc

("Ilika" or the "Company")

 

Award of Share Options, Exercise of Options and Total Voting Rights
 

Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that on 26 March 2020 it granted nominal value options over 1,185,440 ordinary shares of 1p each in the Company ("Ordinary Shares") to Executive Directors under the Long Term Incentive Plan 2018.

 

The options represent in aggregate 0.86 per cent of the Company's issued share capital.

 

On 26 March 2020, the Executive Directors also exercised, in aggregate, 57,846 options, previously awarded over Ordinary Shares under the Company's bonus scheme, at an exercise price of 1p per Ordinary Share.

 

Accordingly, the Company has applied to the London Stock Exchange for 57,846 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00am on 1 April 2020.

 

Following Admission, the Company's issued share capital will comprise 138,597,312 Ordinary Shares of 1p each and 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. 

 

PDMR Dealings

 

Details of the Executive Directors' option exercises under the Company's bonus scheme and grants issued under the Company's Long Term Incentive Plan 2018 are set out below. Each award vests on the achievement of certain performance targets over a three-year period.

 

Director

Number of options granted

Number of options exercised

Total number of Options now held

Per cent. of issued share capital

Graeme Purdy

606,014

20,000

3,096,830

2.2%

Brian Hayden

382,807

20,000

1,697,308

1.2%

Steve Boydell

196,619

17,846

751,263

0.5%

 

Following the exercise of options and Admission, Graeme Purdy holds 774,427 Ordinary shares representing 0.56% of issued share capital and Steve Boydell holds 49,846 Ordinary shares representing 0.04% of issued share capital. Brian Hayden holds 40,000 Ordinary Shares representing 0.03% of issued share capital and 426,300 Preference Shares.

 

 

 

 

 

 

 

 

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

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

 

a)    Grant of share options

b)    Exercise of options

c)

 

Price(s) and volume(s)

 

 

a)

 

 

 

 

Price(s)

Volume(s)

 

 

 

1p

606,014

 

 

 

 

 

 

 

 

b)

 

 

 

 

Price(s)

Volume(s)

 

 

 

1p

20,000

 

 

 

 

 

 

 

d)

 

Aggregated information

 

 

n/a

- Aggregated volume

 

 

 

- Price

 

 

 

 

e)

Date of the transaction

26 March 2020

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

 

 

a)    Grant of share options

b)    Exercise of options

c)

 

Price(s) and volume(s)

 

 

a)

 

 

 

 

Price(s)

Volume(s)

 

 

 

1p

382,807

 

 

 

 

 

 

 

 

b)

 

 

 

 

Price(s)

Volume(s)

 

 

 

1p

20,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

n/a

- Aggregated volume

 

 

 

- Price

 

 

 

e)

Date of the transaction

26 March 2020

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

 

 

a)    Grant of share options

b)    Exercise of options

c)

 

Price(s) and volume(s)

 

 

a)

 

 

 

 

Price(s)

Volume(s)

 

 

 

1p

196,619

 

 

 

 

 

 

 

 

b)

 

 

 

 

Price(s)

Volume(s)

 

 

 

1p

17,846

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

n/a

 

 

- Price

 

 

 

e)

Date of the transaction

26 March 2020

f)

Place of the transaction

Off market

 

 

 

 

 

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

 

 


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