Commencement of trading on OTCQX Best Market in US

RNS Number : 3258L

Ilika plc

10 September 2021

 

Ilika plc

("Ilika" or the "Company")

Commencement of trading on the OTCQX Best Market in the United States

Ilika (AIM: IKA), a pioneer in solid-state battery technology, is pleased to announce that trading in the Company's ordinary shares will begin today on the OTCQX Best Market ("OTCQX"), in the United States, under the ticker symbol "ILIKF". Ilika has upgraded to OTCQX from the Pink® market.

Trading on OTCQX is an important step for Ilika, in addition to the AIM listing it gives the business exposure to a wider audience of potential investors by easing cross-border trading for our US investors. By trading on the premium OTCQX, Ilika's shares will be available to US investors during US working hours and priced in US dollars and has the potential to increase liquidity in Ilika's shares on AIM. Ilika's shares will continue to trade on the London Stock Exchange's AIM market under the symbol "IKA".

Graeme Purdy, Ilika plc CEO commented, "We are very pleased to be graduating to the OTCQX Market. This will provide our valued US investors with greater liquidity and execution services through OTCQX. It will also help us to build our visibility among US investors."

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

 

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