Award of Share Options

RNS Number : 9492A

Ilika plc

08 February 2022

 

Ilika plc

("Ilika" or the "Company")

Award of Share Options, Director/PDMR shareholding, Exercise of Options and Total Voting Rights
 

Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that on 7 February 2022 it granted nominal value options over 229,759 ordinary shares of 1p each in the Company ("Ordinary Shares") to Executive Directors under the Long Term Incentive Plan 2018. Each award vests on the achievement of certain performance targets over a three-year period. The options granted represent in aggregate 0.15 per cent of the Company's issued share capital.

In addition, on 7 February 2022, 20,000 nominal value options previously awarded under the Company's bonus scheme have been exercised by Steve Boydell, CFO, and the Executive Directors sold 30,000 shares in aggregate, primarily to cover tax liabilities arising from options exercised under the Company's bonus scheme in 2021 and 2022.

Details of grants issued under the Company's Long Term Incentive Plan 2018, options exercised and Ordinary Shares sold by each Executive Director are set out in the tables below, together with the total number of Ordinary Shares each Executive Director holds under option and is interested in.

Director	Number of options granted	Number of options exercised	Total number of Options now held	Per cent. of issued share capital
Graeme Purdy	153,541	-	2,362,113	1.50
Steve Boydell	76,218	20,000	755,723	0.48

Director	Ordinary shares sold	Number of shares held post sale	Per cent. of issued share capital
Graeme Purdy	15,000	782,927	0.50
Steve Boydell	15,000	58,346	0.04

EMI option scheme

Following the vesting of options under the Company's EMI share option schemes, 52,500 options with an exercise price of 21p, together with 265,000 options with an exercise price of 18.2p, have been converted into Ordinary shares of 1p each. 

Accordingly, to satisfy options exercised under both the Company's EMI share option schemes and bonus scheme, the Company has applied to the London Stock Exchange for 337,500 Ordinary Shares to be admitted to trading on AIM ( "Admission" ). It is expected that Admission will occur at 8.00am on 11 February 2022.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 157,217,043 Ordinary Shares 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. 

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

For more information contact:

Ilika plc Graeme Purdy, Chief Executive Steve Boydell, Finance Director	[phone]
Liberum Capital Limited Andrew Godber, Cameron Duncan, William Hall, Nikhil Varghese	[phone]
Joh. Berenberg, Gossler & Co. KG (Joint Broker) Emily Morris, Detlir Elezi, Alamgir Ahmed, Milo Bonser	[phone]
Walbrook PR Ltd	[phone] or [e-mail]
Lianne Applegarth	Mob: [phone]
Nick Rome	Mob: [phone]
Tom Cooper	Mob: [phone]

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)  Sale of shares
c)	Price(s) and volume(s)		a)
			Price(s)	Volume(s)
			1p	153,541
			b)
			Price(s)	Volume(s)
			142.3p	15,000
d)	Aggregated information	a)  Not Applicable - Single Transaction b)  Not Applicable - Single Transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	a)  7 February 2022 b)  7 February 2022
f)	Place of the transaction	a)  Off market b)  AIMX

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 share options c)  Sale of shares
c)	Price(s) and volume(s)		a)
			Price(s)	Volume(s)
			1p	76,218
			b)
			Price(s)	Volume(s)
			1p	20,000
			c)
			Price(s)	Volume(s)
			144.5p	15,000
d)	Aggregated information	a)  Not Applicable - Single Transaction b)  Not Applicable - Single Transaction c)  Not Applicable - Single Transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	a)  7 February 2022 b)  7 February 2022 c)  7 February 2022
f)	Place of the transaction	a)  Off market b)  Off market c)  AIMX

 

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