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Ilika plc (IKA)

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Monday 21 June, 2021

Ilika plc

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 +44(0)20 7933 8780 or email  [email protected]  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 [email protected].

 

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: 020 3100 2000

Andrew Godber, Cameron Duncan, William Hall, Nikhil Varghese




Berenberg (Joint Broker)

Tel: 020 3207 7800

Emily Morris, Detlir Elezi,

Alamgir Ahmed, Milo Bonser

 

 

 

 



Walbrook PR Ltd

Tel: 020 7933 8780 /  [email protected]

Tom Cooper

Mob: 0797 122 1972

Lianne Cawthorne

Mob: 07584 391 303

Nick Rome

Mob: 07748 325 236

 

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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