REG - Ilika plc - Award of Share Options

IlikaAnnouncement

01/03/2023 07:00

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RNS Number : 4146R  Ilika plc  01 March 2023

Ilika plc

("Ilika" or the "Company")

 

Award of Share Options

 

Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that
on 28 February 2023 it granted options to Executive Directors and employees
under the Long Term Incentive Plan approved by shareholders in 2018 ("LTIP")
and the EMI scheme.

 

LTIP

 

Ilika awarded nominal value options under the LTIP over 416,954 ordinary
shares of 1p each in the Company ("Ordinary Shares") to an Executive Director
and options over a further 2,800 Ordinary Shares to employees. Each award
vests on the achievement of certain performance targets over a three-year
period.

 

EMI option scheme

 

Ilika granted market value options over 802,248 ordinary shares of 1p each in
the Company ("Ordinary Shares") to an Executive Director and employees under
the Company EMI option scheme.  EMI options vest on the achievement of
certain performance targets over a three-year period.

 

The awards are intended to align the incentives of the Executive Directors
and other senior employees with the Company's performance and outcomes for
shareholders over the long term and to provide effective and attractive levels
of reward, based on delivering strong performance in a fair and proportionate
manner.

 

In total, options over 1,222,002 Ordinary Shares have been granted
representing 0.77% of issued share capital.

 

Details of grants issued under the LTIP and EMI option scheme by each
Executive Director are set out in the table below, together with the total
number of Ordinary Shares each Executive Director holds under option and is
interested in.

 

 Director       Number of options granted  Scheme under which options granted  Total number of Options now held  Per cent. of issued share capital
 Graeme Purdy   416,954                    LTIP                                2,779,067                         1.76
 Jason Stewart  300,000                    EMI                                 300,000                           0.19

 

 

 

 For more information contact:
 Ilika plc                                               www.ilika.com (http://www.ilika.com/)
 Graeme Purdy, Chief Executive                           Via Walbrook PR
 Jason Stewart, Chief Financial Officer

 Liberum Capital Limited (Nomad and Joint Broker)        Tel: 020 3100 2000
 Andrew Godber,
 William Hall, Nikhil Varghese

 Joh. Berenberg, Gossler & Co. KG (Joint Broker)         Tel: 020 3207 8700
 Matthew Armitt, Mark Whitmore, Detlir Elezi,
 Mara Grasso

 Walbrook PR Ltd             Tel: 020 7933 8780 / Ilika@walbrookpr.com
 Lianne Applegarth                                       Mob: 07584 391 303
 Nick Rome                                               Mob: 07748 325 236

 

 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                416,954

 d)   Aggregated information                                       Not Applicable - Single Transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      28 February 2023

 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                300,000

 d)   Aggregated information                                       Not Applicable - Single Transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      28 February 2023

 f)   Place of the transaction                                     Off market

 

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