REG - Ilika plc - Trading Update & Notice of Results

IlikaAnnouncement

21/06/2021 07:05

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 ilika@walbrookpr.com 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 ilika@walbrookpr.com.
 
Ilika's CEO, Graeme Purdy, stated: "The past year has been significant in advancing our strategy of commercialisation of our StereaxÒ 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 /  Ilika@walbrookpr.com




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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