Contract win

RNS Number : 0875P

Ilika plc

14 August 2014

 



 

Ilika plc

("Ilika" or the "Company")

Contract win

Ilika (AIM: IKA), the accelerated materials innovation company, announces that it has entered into a commercial contract with a new customer, based in the EU, for the development of battery materials.

This six month contract takes the level of committed revenue for the current financial year to over £825k, which is significantly ahead of the £535k committed revenue at the same point last year.

Commenting on the contract, Graeme Purdy, CEO of Ilika, said: "This programme is a further demonstration of the strength of Ilika's technology platform for the development of leading edge lithium ion battery materials. It also continues the progress that we have made in attracting and retaining customers in Europe."

For more information contact:

Ilika plc	www.ilika.com
Graeme Purdy, Chief Executive	Tel: [phone]
Steve Boydell, Finance Director
Numis Securities Limited	Tel: [phone]
Oliver Cardigan, Nominated Adviser
James Black, Corporate Broking
Walbrook PR Ltd	Tel: [phone] / [e-mail]
Paul McManus	Mob: [phone]
Paul Cornelius	Mob: [phone]

 

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