Conversion of Securities

RNS Number : 4454A

Ilika plc

22 December 2014

 



Ilika plc

("Ilika" or the "Company")

Conversion of Securities

Ilika (AIM: IKA), the accelerated materials innovation company, announces:

·   Exercise of 65,100 options at an exercise price of 51p, into Ordinary Shares of 1p each.

·   Conversion of 50,000 convertible preference shares to Ordinary Shares of 1p each by a founding shareholder.

Application will be made for the new Ordinary Shares to be admitted to trading on AIM; it is expected that such admission will be effective on or around Friday 2nd January 2015.

The figure of 65,222,766 Ordinary Shares 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 and Transparency Rules.

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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