Trading Update & Notice of Results

RNS Number : 4449C

Ilika plc

21 June 2021

 

Ilika plc

("Ilika" or the "Company")

Trading update and Notice of Results

Analyst & Investor presentations

Ilika (AIM: IKA), a pioneer in solid-state battery technology, provides the following update on trading for the year ended 30 April 2021 and notice of its full year results announcement.

Trading Update

Trading for the year ended 30 April 2021 has been in line with management expectations. The Company expects to announce revenues of approximately £2.3m (2020: £2.8m), share based payment adjusted EBITDA loss of £2.3m (2020: £2.1m) and cash and cash equivalents at the period end were £9.8m (30 April 2019: £14.8m).

Notice of Results

Ilika expects to announce its full year results for the year ended 30 April 2021 on Tuesday 6 July 2021. 

Analyst Briefing

The management team will be hosting a remote analyst briefing on the day, Tuesday 6 July 2021, at 9.30am. Analysts who wish to attend should contact Lianne Cawthorne at Walbrook PR on [phone] or email  [e-mail]  to register.

Investor Presentation

Graeme Purdy, CEO and Steve Boydell, Finance Director, will provide a live investor presentation relating to the final results, via the Investor Meet Company platform on Tuesday 6 July 2021, at 4.30pm.  The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet ILIKA PLC via:

https://www.investormeetcompany.com/ilika-plc/register-investor

Investors who already follow ILIKA PLC on the Investor Meet Company platform will automatically be invited  or for more information please contact Walbrook PR at [e-mail].

Ilika's CEO, Graeme Purdy,  stated: "The past year has been significant in advancing our strategy of commercialisation of our Stereax ^Ò batteries and development of our Goliath batteries. We look forward to sharing a full update with shareholders on 6 July."

For more information contact: Ilika plc	www.ilika.com
Graeme Purdy, Chief Executive Officer	Via Walbrook PR
Steve Boydell, Finance Director
Liberum Capital Limited (Nomad and Joint Broker)		Tel: [phone]
Andrew Godber, Cameron Duncan, William Hall, Nikhil Varghese
Berenberg (Joint Broker)	Tel: [phone]
Emily Morris, Detlir Elezi, Alamgir Ahmed, Milo Bonser
Walbrook PR Ltd	Tel: [phone] /  [e-mail]
Tom Cooper	Mob: [phone]
Lianne Cawthorne	Mob: [phone]
Nick Rome	Mob: [phone]

About Ilika:  

Ilika plc (AIM: IKA) is a pioneer in solid state battery technology with their innovative Stereax micro batteries designed for next-generation MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries and develop its Goliath Wh-level solid state battery pouches and cells. The company is building a consortium of global expertise with its Goliath Leader Partnership program.

 

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