REG - Ilika plc - Result of AGM & Award of Executive Share Options

IlikaAnnouncement

24/09/2024 16:45

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RNS Number : 4900F  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           72,990,706       95.46%           3,334,350            4.36%            136,257
 financial year ended 30 April 2024, together with the Directors' and Auditor's
 Reports in respect of such accounts
 2.    To re-elect Keith Jackson a director of the Company who retires by         76,105,009       99.53%           239,492              0.31%            116,812
 rotation in accordance with Article 111 of the Company's articles of
 association
 3.    To re-elect Jeremy Millard a director of the Company who retires by        76,065,971       99.48%           278,531              0.36%            116,811
 rotation in accordance with Article 111 of the Company's articles of
 association
 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      75,923,204       99.30%           368,383              0.48%            169,726
 is contained in the Directors' Remuneration Report for the financial year
 ended 30 April 2024
 8.    To re-appoint BDO LLP as auditors to the Company, to hold office           76,214,303       99.68%           125,192              0.16%            121,818
 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
 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 /     Number of options granted  Total number of Options held post grant  Percent of current issued share capital (%)

 PDMR
 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 (http://www.ilika.com/)
 Graeme Purdy, Chief Executive                           Via Walbrook PR
 Jason Stewart, Chief Financial Officer

 Panmure Liberum Limited (Nomad and Joint Broker)        Tel: 020 3100 2000
 Andrew Godber, John More,
 Nikhil Varghese, Josh Borlant

 Joh. Berenberg, Gossler & Co. KG (Joint Broker)         Tel: 020 3207 8700
 Mark Whitmore, Detlir Elezi,
 Natasha Ninkov

 Walbrook PR Ltd             Tel: 020 7933 8780 / Ilika@walbrookpr.com
 Nick Rome, Charlotte Edgar, Joe Walker                  Mob: 07748 325 236

 

 

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