Result of AGM & Award of Executive Share Options

Source: RNS
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 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: 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

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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