Result of AGM & Award of Executive Share Options

Ilika plc

24 September 2024

 

Ilika plc

("Ilika", the "Group", or the "Company")

Result of AGM & Award of Executive Share Options

Ilika (AIM: IKA), an independent global expert in solid-state battery technology, announces that at the Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed.

The results of the proxy voting for the AGM are set out below:

Resolution	Total votes For	% of votes cast	Total votes Against	% of votes cast	Votes Withheld
1.    To receive and adopt the audited accounts of the Company for the financial year ended 30 April 2024, together with the Directors' and Auditor's Reports in respect of such accounts	72,990,706	95.46%	3,334,350	4.36%	136,257
2.    To re-elect Keith Jackson a director of the Company who retires by rotation in accordance with Article 111 of the Company's articles of association	76,105,009	99.53%	239,492	0.31%	116,812
3.    To re-elect Jeremy Millard a director of the Company who retires by rotation in accordance with Article 111 of the Company's articles of association	76,065,971	99.48%	278,531	0.36%	116,811
4.    To re-elect Monika Biddulph a director of the Company	76,111,740	99.54%	239,136	0.31%	110,437
5.    To re-elect Graeme Purdy a director of the Company	76,110,497	99.54%	237,479	0.31%	113,337
6.    To re-elect Jason Stewart a director of the Company	76,129,519	99.57%	219,956	0.29%	111,838
7.    To approve the Directors' Remuneration Policy, the full text of which is contained in the Directors' Remuneration Report for the financial year ended 30 April 2024	75,923,204	99.30%	368,383	0.48%	169,726
8.    To re-appoint BDO LLP as auditors to the Company, to hold office until the conclusion of the next general meeting at which accounts are laid before the Company, and to authorise the directors to determine their remuneration	76,214,303	99.68%	125,192	0.16%	121,818
9.    Allotment of shares	75,806,497	99.14%	511,450	0.67%	143,366
10.  Special resolution: Allotment of equity securities	75,788,217	99.12%	513,629	0.67%	159,467

Grant of Options

The Company also announces that on 24 September 2024 it granted nominal value options over 391,803 ordinary shares of 1p each in the Company ("Ordinary Shares") to Executive Directors under the Company's deferred Bonus Scheme in lieu of a cash payment. 

The options granted represent in aggregate 0.23% per cent of the Company's existing issued ordinary share capital.

The options were awarded as part of the Company's Bonus Scheme where 50% is payable as cash and 50% is deferred into options for one year, subject to continued employment.

Director / PDMR	Number of options granted	Total number of Options held post grant	Percent of current issued share capital (%)
Graeme Purdy	288,143	2,992,429	1.79%
Jason Stewart	103,660	774,004	0.46%

Graeme Purdy, CEO, holds 836,498 Ordinary shares representing 0.5% of current issued share capital. Jason Stewart, CFO, holds 7,143 Ordinary shares representing 0.0% of current issued share capital.

For more information contact:
Ilika plc		www.ilika.com
Graeme Purdy, Chief Executive		Via Walbrook PR
Jason Stewart, Chief Financial Officer
Panmure Liberum Limited (Nomad and Joint Broker)		Tel: [phone]
Andrew Godber, John More,
Nikhil Varghese, Josh Borlant
Joh. Berenberg, Gossler & Co. KG (Joint Broker)		Tel: [phone]
Mark Whitmore, Detlir Elezi,
Natasha Ninkov
Walbrook PR Ltd	Tel: [phone] / [e-mail]
Nick Rome, Charlotte Edgar, Joe Walker		Mob: [phone]

About Ilika plc - https://www.ilika.com

Ilika specialises in the developing and commercialisation of solid-state batteries. The Company's mission is to rapidly develop leading-edge IP, manufacture and license solid state batteries for markets that cannot be addressed with conventional batteries due to their safety, charge rates, energy density and life limits. The Company achieves this by using ceramic-based lithium-ion technology that is inherently safe in manufacture and usage, higher thermal tolerance and easier to recycle which differentiates our products from existing batteries.

The Company has two product lines. Its Stereax batteries which are designed for powering miniature medical implants, industrial wireless sensors and specialist internet of Things (IoT) applications and the Goliath large format batteries designed for EV cars and cordless appliances.

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 Officer
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	Grant of share options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1p	288,143
d)	Aggregated information	Not Applicable - Single Transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	24 September 2024
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jason Stewart
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	Grant of share options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1p	103,660
d)	Aggregated information	Not Applicable - Single Transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	24 September 2024
f)	Place of the transaction	Off market

 

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